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Missing Amounts from Financial Statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: Required: Analyze the interrelationships

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Missing Amounts from Financial Statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: Required: Analyze the interrelationships among the four financial statements and enter the missing amounts. If an amount is zero, enter "0" Wolverine Realty Income Statement For the Month Ended April 30, 2019 Fees earned Expenses: $61,500 27,810 Wages expense Rent expense Supplies expense Utilities expense 15,570 9,460 Miscellaneous expense 137,420 Total expenses $155,280 Net income Wolverine Realty Statement of Owner's Equity For the Month Ended April 30, 2019 Dakota Rowe, capital, April 1, 2019 $553,000 Investment on April 1, 2016 Net income for April (66400) Withdrawals Increase in owner's equity Dakota Rowe, capital, April 30, 2019 Wolverine Realty Balance Sheet April 30, 2019 Assets $202,520 Cash Calculator Dakota Rowe, capital, April 30, 2019 Wolverine Realty Balance Sheet April 30, 2019 Assets Cash $202,520 Supplies 12,290 Land 442,000 Total assets Liabilities Accounts payable $14,930 Owner's Equity Dakota Rowe, capital Total liabilities and owner's equity Use the minus sign to indicate cash outflows, decreases in cash, and cash payments. Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 Cash flows from operating activities: Cash receipts from customers 134,780 Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities Cash payments for acquisition of land Cash flows from financing activities: Cash receipt of owner's investment Cash withdrawals by owner Net cash flow from financing activities Net increase (decrease) in cash and April 30, 2019, cash balance All work saved. 00

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