Kimmel, Accounting, 6e Help I System Announcements ESOURCES Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. pter 1 1-1 3 DONAVAN, INC Balance Sheet Assets 7,000 10,000 45,000 $62,000 Cash Total assets Liabilities and Stockholders' Equity Accounts payable Stockholders' Equity 5,000 ults by Study Common stock Retained earnings Total liabilities and stockholders' equity DONAVAN, INC. $85,000 Cost of goods sold Salaries and wages Net Income DONAVAN, INC Beginning retained Add: Net income Less: Dividends $12,000 5,000