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+ m/courses/35166/assignments/3671506?module_item_id=11758617 Question 4 View Policies Current Attempt in Progress Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance

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+ m/courses/35166/assignments/3671506?module_item_id=11758617 Question 4 View Policies Current Attempt in Progress Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Cash $ 12,500 Inventory 15,500 Buildings 39.500 Total assets $67,500 Liabilities and Stockholders' Equity Liabilities Accounts payable $ 5,800 Stockholders' Equity Common stock urses/35166/assignments/3671506?module_item_id=11758617 Liabilities and Stockholders' Liabilities Accounts payable $ 5,800 Stockholders' Equity Common stock Retained earnings Total liabilities and stockholders' equity DONAVAN, INC. Income Statement Revenues $86,000 (c) Cost of goods sold 10.350 Salaries and wages expense (d) Net Income DONAVAN, INC Retained Earnings Statement ourses/35166/assignments/3671506?module_item_id=11758617 Retained earnings Total liabilities and stockholders' equity $67,500 DONAVAN, INC. Income Statement Revenues $86,000 Cost of goods sold (c) Salaries and wages expense 10.350 Net Income DONAVAN, INC. Retained Earnings Statement Beginning retained earnings $17.500 Add: Net Income 4.900 Less: Dividends Ending retained earnings $32.500 rch

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