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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues Expenses: Salaries

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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues Expenses: Salaries $ 11,300 Rent 5,300 Advertising 3,300 Net income CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Total Common Retained Stockholders' Stock Earnings Equity $ 12,300 $ 5,300 $ 17,600 Beginning balance Issuances of stock Add: Net income Less: Dividends Ending balance 3,300 3,300 $ 13,600 $ 6,300 $ 19,900 CYCLONE, INC. Balance Sheet Dec. 31, 2021 Assets Liabilities Cash 1,200 Accounts payable 2,300 Stockholders' Equity 4,300 Common stock Supplies Land Building Total assets 14,300 Retained earnings Total liabilities and stockholders' equity

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