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Ending stocks $ 480 Dividend income $ 710 Rental income 65 Return of sales 58 Interest expense 127 Sale discounts 213 Return purchases 105 Selling

Ending stocks

$ 480

Dividend income

$ 710

Rental income

Return of sales

Interest expense

127

Sale discounts

213

Return purchases

105

Selling expenses

994

Initial retained earnings

1144

Sales

4050

Final retained earnings

1340

Income taxes

385

Shipping costs for purchasing inventory

101

Initial stocks

353

Inventory purchases

1900

Purchase discounts

173

Administrative expenses

825

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