GGE Entergeises Inc C November 1 of the curent yeat, Rob Eliet invested 130,500 of his cach to form a corporastion, GGE Entarpries Inc, in exchange for shares of tomman stock ho other common stack was tusd during Navember or December After a very succassul first month nf operations, the ratained aarns is of November 30 were reparted at s5.000g ster all bransactiona have been enterad into the accounting equation for the month of December, the geding balarces fer selected items on December 31 follow On that date, the Sinancial stabements were preared The balance sheet reported total assets of s55.400 and total stockholdars wauity of $38,580 Accounts Common Retained wages Earnings Dhvidends Eameed Expense Fees Rent Sepplies Utilitis Miscellaneous Cash Supplies Land Payable Stock Expense Expense Expense Expense $7,350 17.000 $5,000 $5,250 $26,250 $6,425 $4.575 $1,22D $400 Review the fulowing quations ndicate which finandal statimants) report the desired information Enter the amount reported on the financial stabement 1Sdect es r "No from the below dropdams) Statement of Balance Income Stockholers Sheet Statement Equity Amouat 1 what is thw amount reperted for tatal Gabisties and stocholdara aquity on Yes y Nov No Decamber 311 2 Whiat in the retained eonsin s amount repatsd an Decimber 317 D 2 How mich does GuE Estararises Inc ane bo its creditors?h 4.How much cash is beng teld by GGL Erterprises Inc. By wht emt ed tainad amings increase or decrease during the perlot a. what in the anout of orofit er jous turing December