Here are the incomplete financial statements for Nashs Trading Post , LLC. Calculate the missing amounts.

Balance Sheet

Assets

Cash- $5,600

Inventory- 8,000

Buildings (net)- 36,000

Total Assets- 49,600

Liabilities and Stockholder Equity

Liabilities

Accounts payable- $4,000

Stockholder Equity

Common Stock- ?

Retained Earnings- ?

Total Liabilities and and stockholders Equity- 49,600

Income Statement

Revenues- $68,000

Cost of Goods Sold- ?

Salaries and wage expense- 8,000

Net Income- ?

Retained Earnings Statement

Beginning retained earnings- $9,600

Add: Net Income- ?

Less: Dividends- 4,000

Ending Retained earnings-21,600