d Required Enter the missing values in the following financial statements. Assume the company started operations January 1, Year 1, and all transactions involve cash. (Enter amounts to be deducted and cash outflows with a minus sign.) Revenue Expense Net income ces Beginning common stock Plus: Common stock issued For the Years Year 1 Year 2 Year 3 Income Statements $ 700 $ 1,300 $ 2,000 (700) (1,300) $ 200 $ 700 Statement of Changes in Stockholders' Equity Ending common stock Beginning retained eamings Plus: Net income Less: Dividends Ending retained eamings Total stockholders' equity Balance Sheets Assets Cash Land Total assets Liabilities Stockholders' equity Common stock $ $ 6,000 5,000 1,000 2,000 5,000 6,000 0 100 200 700 (500) (300) 100 600 $ 6,200 $ 8,600 8,000 $ 11,200 $ 10,600 $ 5,000 $ 2,000 8,000