ES Exercise 1-12 Here are incomplete financial statements for Ivanhoe Company. Calculate the missing amounts. on) IVANHOE COMPANY Balance Sheet Assets Cash $ 13,500 Inventory 16,500 Buildings 38,500 Total assets $68,500 Liabilities and Stockholders' Equity Liabilities Accounts payable $ 5,300 Stockholders' Equity Common stock dy. (a) Retained earnings (b) Total liabilities and stockholders' equity $68,500 IVANHOE COMPANY Income Statement Revenues $85,200 Cost of goods sold (C) Salaries and wages expense 10,190 Net income (d) IVANHOE COMPANY Retained Earnings Statement Beginning retained earnings $18,500 Add: Net income Less: Dividends 4,590 Ending retained earnings $33,500 LINK TO TEXT