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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. Rent Advertising Net income $ 12,800 6,800 4,800 Beginning balance Issuances of stock Add: Net income Less: Dividends Ending balance CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Common Retained Stock Earnings $ $ 13,800 $ 16,600 $ Total Stockholders' Equity $ 6,800 4,800 7,800 $ 20,600 4,800 24,400 Cash Supplies Land Building Total assets Assets $ CYCLONE, INC. Balance Sheet Dec. 31, 2021 1,200 Accounts payable 5,800 Common stock 15,800 Retained earnings Liabilities Stockholders' Equity Total liabilities and stockholders' equity $ 3,800

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