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Johnson Company reported the following account balances: ASSETS Cash Jan. 1, 2024 $36,000 Dec. 31, 2024 $29,000 Supplies $ 7,000 $12,000 Land $50,000 $50,000
Johnson Company reported the following account balances: ASSETS Cash Jan. 1, 2024 $36,000 Dec. 31, 2024 $29,000 Supplies $ 7,000 $12,000 Land $50,000 $50,000 Equipment $20,000 $42,000 LIABILITIES + EQUITY Accounts payable $21,000 $14,000 Notes payable $29,000 $20,000 Common stock $35,000 $35,000 ? ? Retained earnings During 2024, Johnson Company reported expenses of $58,000 and paid dividends totaling $17,000. Calculate the total revenues earned by Johnson Company during 2024.
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