Here are incomplete financial statements for Garrett, Inc.: Calculate the missing amounts. Note that you might not be able to solve for all items in order.

GARRETT, INC. Statement of Financial Position December 31, 2020
Assets				Liabilities and Shareholders Equity
Cash		$ 8,000		Liabilities
Inventory		16,000		Accounts payable		$ 8,000
Building		72,000		Shareholders equity
				Common shares			(a)
				Retained earnings			(b)
Total assets		$96,000		Total liabilities and shareholders equity		$96,000

GARRETT, INC. Statement of Income Year Ended December 31, 2020
Sales revenue		$85,000
Cost of goods sold			(c)
Operating expenses		16,000
Net income before income tax			(d)
Income tax expense		8,000
Net income		$	(e)

GARRETT, INC. Statement of Changes in Equity Year Ended December 31, 2020
		Common Shares			Retained Earnings				Total Equity
Balance, Jan.1		$8,000			$16,000				$24,000
Issued common shares			(f)								(f)
Net income							(e)				(e)
Dividends declared					(8,000	)			(8,000	)
Balance, Dec.31		$	(a)		$25,000				$		(g)