Chapter 1 Introduction to Accounting and Business 47 50,000 PR 1-6A Missing amounts from financial statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: For the Month Ended April 30, 2019 s la) Expenses Wages expense Rent expense Supplies expense Utilities expense $300,000 100,000 20,000 Total expenses 475,000 275000 Net income Wolverine Realty Statement of Owner's Equity For the Month Ended April 30, 2019 Dakota Rowe, capital April 1, 2019 375,000 (di Withdrawals (125,000) Increase in owners equity Dakota Rowe, capital April 30, 2019 Wolverine Realty Balance Sheet April 30,2019 Cash . Supplies Land Total assets $462,500 12.500 150,000 $ 100,000 Accounts payable Owner's Equity Ch) Dakota Rowe, capital Total liabilities and owner's equity Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 Cash flows from operating activities: Cash receipts from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities (387,500) Cash flows from investing activities Cash payments for acquisition of land flows from financing activities: ..................-w $ (m) Net cash flow from financing activities Net increase (decrease) in cash and April 30, 2019, cash balance.. Instructions By analyzing the interrelationships among the four financial statements, determine the proper amounts for (a) through (p)