Gary's TV had the following accounts and amounts in its financial statements on December $31,2022.$ Assume that all balance, sheet

items reflect account balances at December $31,2022,$ and that all income statement items reflect activities that occurred during the

year then ended.

Required:

a$.$ Calculate the difference between current assets and current liabilities for Gary's TV at December $31,2022.$

b$.$ Calculate the total assets at December $31,2022.$

c$.$ Calculate the earnings from operations $($operating income$)$ for the year ended December $31,2022.$

d$.$ Calculate the net income $($or loss$)$ for the year ended December $31,2022.$

e$.$ If $$22,500$ of dividends had been declared and paid during the year, what was the January $1,2022,$ balance of retained earnings?

d$.($Net income or net loss$)$