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Ending Assets Liabilities Common stock Retained earnings $ 90$ 45 4 41 52$ 18 35 6 11 Income statement Revenues Expenses Net income begin{tabular}{cll} $

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Ending Assets Liabilities Common stock Retained earnings $ 90$ 45 4 41 52$ 18 35 6 11 Income statement Revenues Expenses Net income \begin{tabular}{cll} $ & 220$ & 180$ \\ \hline 208 & 152 \\ \hline 12 & 28 \end{tabular} Statement of retained earnings Beginning RE + Net income - Dividends s 30$ 12 7s 5 28 2 (1) (24) 8 = Ending RE $41$ 11 s (3) Data table Data table

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