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Fill in the blanks in the following table, entering dividends as positive numbers (note: treat each period independently): Account Period 1 Period 2 Period 3

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Fill in the blanks in the following table, entering dividends as positive numbers (note: treat each period independently): Account Period 1 Period 2 Period 3 Beg. Retained Earnings 5,000 15,000 Revenue 24,000 62,000 Cost of goods sold 36,000 17,000 Gross Profit 15,000 21,800 Other Operating Expenses 7,800 15,500 Net Income 12,600 Dividends 1,400 3,700 End. Retained Earnings 32,000 20,000

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