how to answers a, b, c, d, e, f, g?

Cash Flows DO IT! 1.4b Financial Statement Relationships 17 Using your understanding of the relationship within and between the financial statements, deter- mine the seven missing amounts. Statement of Income Total revenues $2,360.000 Total expenses 1.810,000 Net income 550 000 (a) Statement of Changes in Equity Total shareholders' equity, beginning of year 980,000 Common shares, beginning of year 350,000 15oooo Issue of shares Common shares, end of year 500,000 Retained earnings, beginning of year 630,000 Net income 550000) Dividends declared 240000 (d) Retained earnings, end of year 890,000 Total shareholders' equity, end of year 1390 0oo ( Statement of Financial Position Total assets 3,420,000 Total liabilities 2630000 (1) Total shareholders' equity 1340000 (6) Solution Try this DO IT! exercise on your own and then check your answer at the end of the chapter