E1.2 (Algo) Reporting Amounts on the Four Basic Financial Statements [LO 1-2] Recuired; Using the following wable and the equations underlying each of the four basic financial statemerits, show fa) that the batance sheet is in batance, (b) that net income is properly calculated, (c) what caused changes in the retalned earnings account, and (c) what caused chargeus in the cash Jiccount. (Cosh outilows should be indicated with a minus sign.)