Formula: Add; Cell Referencing Some cells are merged. BE4.11 - Using Excel to Calculate Income Amounts Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use cell references with mathematical formulas to calculate all amounts. On January 1, 2020, Richards Inc. had no other asset, liability, or equity balances than those listed below. Cash $60,000 Common stock 60,000 Determine the following amounts for 2020: Transactions that occurred during 2020 pertaining to debt securities classified as available-for-sale include: (a) Net income (b) Comprehensive income Cash purchase cost of the debt securities $20,000 Received interest on the securities 3,000 (c) Other comprehensive income Unrealized holding gain net of tax 4,000 (d) Accumulated other comprehensive income at the end of 2020