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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Revenues Expenses: Salaries $ 11,100 Rent 5,100 Advertising

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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Revenues Expenses: Salaries $ 11,100 Rent 5,100 Advertising 3,100 Net income CYCLONE, INC. Statement of Stockholders' Equity Common Retained Total Stock Earnings Stockholders' Equity Beginning balance $ 12,100 $ 5,100 $ 17,200 Issuances of stock Add: Net income 3,100 3,100 Less: Dividends Ending balance $ 13,200 $ 6,100 $ 19,300 Assets $ $ 2,100 Cash Supplies Land Building Total assets CYCLONE, INC Balance Sheet Liabilities 1.100 Accounts payable Stockholders' Equity 4,100 Common stock 14,100 Retained earnings Total liabilities and stockholders' equity

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