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Here are incomplete financial statements for Windsor, Inc. Calculate the missing amounts. a) Common Stock b) Retained Earnings c) Cost of Goods Sold d) Net

Here are incomplete financial statements for Windsor, Inc. Calculate the missing amounts.
a) Common Stock
b) Retained Earnings
c) Cost of Goods Sold
d) Net Income
e) Add: Net Income
image text in transcribed
Windsor, inc. Balance Sheet Assets Cash Inventory Buildings (net) Total assets $6,440 9,200 41,400 $57,040 Liabilities and Stockholders' equity $4,600 Liabilities Accounts payable Stockholders' Equity Common stock (a) (b) Retained earnings Total liabilities and stockholders' equity $57,040 $78,200 Windsor, Inc Income Statement Revenues Cost of goods sold Salaries and wages expense Net Income $ (c) 9.200 (d) $11,040 Windsor, Inc. Retained Earnings Statement Beginning retained earnings Add: Net income Less: Dividends Ending retained earnings 4.600 $24,840

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