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Marigold Corp. Balance Sheet Assets $ Liabilities and Stockholders' Equity $ $ Marigold Corp. Balance Sheet Assets $ Liabilities and Stockholders' Equity Current Assets Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Liabilities and Stockholders' Equity Total Stockholders' Equity $ $ On May 1, Marigold Corp., a company that provides flying lessons, was started by using common stock in exchange for cash of $45,300. Following are the assets and liabilities of the company on May 31, 2022, and the revenues and expenses for the month of May. Marigold Corp. Income Statement For the Month Ended May 31, 2022 Revenues Service Revenue $7,100 Expenses Rent Expense $ 1,100 Maintenance and Repairs Expense Gasoline Expense Utilities Expense Advertising Expense Total Expenses Net Income / (Loss) Marigold Corp. Retained Earnings Statement For the Month Ended May 31, 2022 Retained Earnings, May 1 Add : Net Income / (Loss) Less : Dividends Retained Earnings, May 31 $ 2150 $ 1950