On January 1, 2018, the following information was drawn from the accounting records of Carter Company: cash of $425; land of $2,475; notes payable of $725; and common stock of $1,450. Required a. Determine the amount of retained earnings as of January 1, 2018. b. After looking at the amount of retained earnings, the chief executive officer (CEO) wants to pay a $525 cash dividend to the stockholders. Can the company pay this dividend? c. As of January 1, 2018, what percentage of the assets were acquired from creditors? d. As of January 1, 2018, what percentage of the assets were acquired from investors? e. As of January 1, 2018, what percentage of the assets were acquired from retained earnings? f. Create an accounting equation using percentages instead of dollar amounts on the right side of the equation. 9. During 2018, Carter Company earned cash revenue of $680, paid cash expenses of $390, and paid a cash dividend of $59. (Hint: It is helpful to record these events under an accounting equation before preparing the statements.) g-1. Prepare an income statement dated December 31, 2018 9-2. Prepare a statement of changes in stockholders' equity dated December 31, 2018 9-3. Prepare a balance sheet dated December 31, 2018 9-4. Prepare a statement of cash flows dated December 31, 2018 j. What is the balance in the Revenue account on January 1, 2019? Complete this question by entering your answers in the tabs below. Reg A to E ReqF ReqG Req G1 Req G2 Req G3 Reg G4 Req Determine the amount of retained earnings as of January 1, 2018. After looking at the amount of retained earnings, the chief executive officer (CEO) wants to pay a $525 cash dividend to the stockholders. Can the company pay this dividend? As of January 1, 2018, what percentage of the assets were acquired from creditors, investors and retained earnings? (Round percentage answer to whole percent.) Show less a. Amount of retained earnings b. Can the company pay this dividend? 9-1. Prepare an income statement dated December 31, 2018 g-2. Prepare a statement of changes in stockholders' equity dated December 31, 2018. 9-3. Prepare a balance sheet dated December 31, 2018 9-4. Prepare a statement of cash flows dated December 31, 2018. j. What is the balance in the Revenue account on January 1, 2019? 02:23:01 Complete this question by entering your answers in the tabs below. Reg A to E ReqF ReqG Reg G1 Req G2 Req G3 Reg G4 Req) Book Determine the amount of retained earnings as of January 1, 2018. After looking at the amount of retained earnings, the chief executive officer (CEO) wants to pay a $525 cash dividend to the stockholders. Can the company pay this dividend? As of January 1, 2018, what percentage of the assets were acquired from creditors, investors and retained earnings? (Round percentage answer to whole percent.) Show less Hint Print eferences a. Amount of retained earnings b. Can the company pay this dividend? c. Percent of assets acquired from creditors d. Percent of assets acquired from investors e. Percent of assets acquired from retained earnings % % % Reg ATO RegF > Complete this question by entering your answers in the tabs below. Reg A to E ReqF ReqG Req G1 Req G2 Reg G3 Reg G4 Reg) ent int Create an accounting equation using percentages instead of dollar amounts on the right side of the equation. (Round percentage answer to whole percent.) CARTER COMPANY Accounting Equation as of January 1, 2018 Assets Liabilities Stockholders' Equity Common Cash Land Retained Notes Payable Stock Earnings % Tences + (Reg A to E Rego >