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Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Assets Cash $ 14,700 Inventory 17,700 Buildings 37,300 Total

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Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Assets Cash $ 14,700 Inventory 17,700 Buildings 37,300 Total assets $69,700 Liabilities and Stockholders' Equity Liabilities Accounts payable $6,000 Stockholders' Equity Common stock (a) Retained earnings | (b) Total liabilities and stockholders' equity $69,700 DONAVAN, INC. Income Statement Revenues $84,900 Cost of goods sold (c) Salaries and wages expense 10,130 Net Income $ (d) DONAVAN, INC. Retained Earnings Statement Beginning retained earnings $19,700 Add: Net income (e) Less: Dividends 4,860 Ending retained earnings $34.700 Save for Later

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