E1-5B Here are incomplete financial statements for Bando, Inc. BANDO, INC. Balance Sheet Assets Liabilities and Stockholders Equity Cash $ 3,000 Liabilities Inventory 14,000 Accounts payable $ 15,000 Buildings 55,000 Stockholders equity Total assets $72,000 Common stock (a) Retained earnings (b) Total liabilities and stockholders equity $72,000 Income Statement Revenues $95,000 Cost of goods sold (c) Salaries and wages expense 15,000 Net income $ (d) Retained Earnings Statement Beginning retained earnings $15,000 Net income (e) Dividends 5,000 Ending retained earnings $31,000 Instructions Calculate the missing amounts.