BK Property Management had the following account balances at the end of December: Accounts Balances Service revenue $450,000 Common stock I 200,000 Salaries expense 290,000 Beginning Retained earnings 175,000 Cash 20,000 Accounts payable 15,000 Utilities expense 10,000 Office supplies 2,000 Dividends 25,000 Equipment ? 15. $ 300000What were total expenses for the year? 16. $ 150000 Calculate their net income for the year. 17. $300000 Calculate their ending balance in Retained Earnings. 18. What is their balance in stockholder's equity on 12/31. 19.$ What is the balance of the Equipment account