Marta Communications, Inc. has provided incomplete financial statements for the month ended March 31.The Controller has asked you to help calculate the missing amounts in the incomplete financial statements. Here are some tips for using Excel: - Cell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=B5" into a blank cell, the formula would output the value from cell B5. - Basic Math Functions: Allow you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), (asterisk sign to multiply), and / (forward slash to divide). For example, if you entered "=B4+B5" in a blank cell, the formula would add the values from those cells and output the result. - SUM Function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges. If you entered "=SUM(C4,C5,C6)" into a blank cell, the formula would output the result of adding those three separate cells. Similarly, if you entered "=SUM(C4:C6)", the formula would output the same result of adding those cells. 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Presented below are incomplete financial statements for Marta Communications Company. Required: Solve for the missing amounts. Note: When an amount on one financial statement is again shown on another statement, you MUST reference the cell from the earlier statement rather than calculate the amount, thus indicating the relationship between the two statements. (All formulas must return positive values.) MARTA COMMUNICATIONS Company Income Statement For the Month Ended March 31 Service Revenue Expenses: Rent Expense Salaries Expense Utilities Expense Income Tax Expense Net income MARTA COMMUNICATIONS Company Statement of Stockholders' Equity For the Month Ended March 31 Beginning balance, March 1 $0 Add: Net income Subtract: Dividends (500) Ending balance, March 31 MARTA COMMUNICATIONS Company Balance Sheet At March 31 \begin{tabular}{|l|r|l|} \hline Assets & Liabilities \\ \hline Cash & $3,400 & Accounts payable \\ \hline Accounts receivable & & \\ \hline Supplies & 2,300 & Stockholders' Equity \\ \hline Land & 12,000 & Stockholders' equity \\ \hline Total Assets & Total Liabilities and Stockholders' Equity \\ \hline \end{tabular}