Listed below are a number of accounts that often appear in financial statements. Required: Indicate each account with the account category and the financial statement on which the account is reported. Account Account Category Financial Statement Accounts receivable Cost of goods sold Retained earnings Interest revenue Loss on sale of building Notes payable Additional paid-in capital Equipment Short-term debt General expense Listed below are a number of accounts that often appear in financial statements. Required: Indicate each account with the account category and the financial statement on which the account is reported. Account Category Financial Statement Account Dividends payable Selling expenses Common stock Long-term debt Income tax expense Gain on sale of land Buildings Accounts payable Merchandise inventory Sales Total assets were $35,000 and total liabilities were $16,400 at the beginning of the year. Net income for the year was $6,100, and dividends of $1,700 were declared and paid during the year. Required: Calculate total stockholders' equity at the end of the year. Indicate the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Assets Liabilities Stockholders' Equity Beginning: $ 35,000= $ 16,400+ Changes: Changes: Ending: $ 0 Ann Kimber is thinking about going out of business and retiring. Her firm has $60,000 in cash, other assets totaling $67,600, and total liabilities of $46,000. The other assets can be sold for an estimated $58,000 cash in a liquidation sale. Required: Calculate the amount of cash that would be available upon Ann's retirement if the other assets were sold and the liabilities were paid. Cash