Jet Company's summarized financial statement information for the beginning of the year is as follows:

Marketable Securities $50,000

All Other Assets $150,000

Total Liabilities $80,000

Total Stockholders' Equity $120,000

During the year, Jet had Revenue of $84,000, Expenses of $46,000 and paid cash dividends of $9,000. Marketable Securities increased in value by 10% , liabilities remained unchanged for the year and Jet had 15,000 shares outstanding all year. Calculate the information that Jet would report on its financial statements at the end of the year.

How do I find total assets and total equity????

A

B

C

D

E

1

2

3

4

5

6

7

8

9

10

Net Income=	$38,000
Total Assets=
Total Liabilities=	$80,000
Total Equity=
EPS=	$2.53