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Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts DONAVAN, INC Balance Sheet Assets Cash Inventory Buildings Total assets $12,100

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Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts DONAVAN, INC Balance Sheet Assets Cash Inventory Buildings Total assets $12,100 15,100 39,900 $67,100 Liabilities and Stockholders' Equity Liabilities Accounts payable $ 5,700 Common stock Retained earnings $67,100 Total liabilities and stockholders' equity

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