Calculate the net income, the ending retaining earnings, total assets and the total gross profit.

Adrift Kayak Sales & Services Chart of Accounts as of December 31, 20XX Account # 2100 1200 1820 1060 2190 1725 2160 2180 1250 2310 2150 3350 5775 Account Description Balance Accounts Payable $ 105,251 Accounts Receivable $ 356,420 Accumulated Depreciation $ 81,235 Cash $ 92,625 Dividends Payable $ 5,400 Equipment $ 428,154 Income Tax Payable $ 74,542 Interest Payable $ 162 Inventory $ 235,205 Note Payable $ 213,080 Salaries Payable $ 27,044 Common Stock $ 270,000 Supplies Expense $ 64,915 Sales Revenue $ 1,248,278 Salaries Expense $ 345,451 Retained Earnings $ 247,716 Interest Expense $ 162 Insurance Expense $ 4,426 Income Tax Expense $ 99,452 Dividends $ 5,400 Depreciation Expense $ 15,082 Cost of Goods sold $ 590,453 Advertising Expense $ 34,963 Total $ 4,545,416 4020 5770 3560 5900 5850 7900 3600 5660 5020 5615