Chec The following information was drawn from the accounting records of Wyckoff Company as of December 31 Year 2 before the temporary accounts had been closed. The Cash balance was $3,300, and Notes Payable amounted to $27.500. The company had revenues of $3,900 and expenses of $2760. The company's Land account had an $4,500 balance Dividends amounted to $800. There was $1,100 of common stock issued points Required a. Identify which accounts would be classified as permanent and which accounts would be classified as temporary eBook Print Classification Account Cash Notes payable References Revenues Expenses Dividends | Common stock Retained earnings Next > b. Assuming that Wyckoff's beginning balance (as of January 1 Year 2) in the Retained Earnings account was $3,300. determine its balance after the temporary accounts were closed at the end of Year 2 Ending retained earnings c. What amount of net income would Wyckoff Company report on its Year 2 income statement? Net Income Prev 1 of 2 til Next >