Looking at these financial statements below, is it possible to find the answers to the following questions:

1. What was the dollar amount of the total assets owned by Action Video Productions at the end of June?

2. What was the dollar amount of owners equity on June 30?

3. What was the dollar amount of Action Video Productionss total expenses in June?

Income Statement:

Particulars Amount Revenue from operations 7775 Sales 0 Other Income 7775 A. Gross Income 804.2 Operating expenses 55 Advertising Expense 596.17 Cleaning Expense 252 Depreciation 73.8 Insurance expense 975 Miscellaneous Expense 42.06 Rent Expense 143.8 Telephone Expense 42.5 Utilities Expense 2705.46 Vehicle expense 1440 Video Supplies Expense 7129.99 Wage expense 645.01 B. Total Expenses C. Net Income (A-B) The net income as per the above income statement for the year ending 30th June 20XX is "645.01". In the books of Martinez Statement of Owner's Equity capital Particulars Amount Opening Capital 32040 Add: Net Income 645.01 Less: Net Drawings 400 Closing Capital / Owner's Equity 32285.01 Balance Sheet as on 30th June 20XX Particulars Amount Particulars Amount Equity. 32285.01 Fixed Assets 4931.21 Martinez Capital a/c 5740.4 Computer equipment 3744.72 Current Liabilities Equipment 23176 Accounts Payable Vehicle 156 Video supplies 4663.48 Current Assets 850 504 Cash and cash equivalents Accounts Recievable Prepaid Insurance 38025.41 38025.41 The value of the Fixed Assets are taken after adjusting the accumulated depreciation