Pope's Garage had the following accounts and amounts in its financial statements on December 31, 2019. Assume that all balance sheet Items reflect account balances at December 31, 2019, and that all income statement items reflect activities that occurred during the year then ended Accounts receivable Depreciation expense Land Cost of oods sold Retained earning $ 31,900 11,200 26,100 3,500 56,800 Equipment Supplies Accounts payable Service revenue Interest pente Common stock Income tax expense Accumulated depreciation Longter datt Supplies expen Merchandise inventory 69,500 5.700 22,900 24,400 3,300 7.000 20,104 45.000 38,000 12.000 26,700 165,000 Required: 6. Calculate the total current assets at December 21, 2019 b. Calculate the total liabilities and stockholders equity at December 31, 2019 c. Calculate the earnings from operations operating income for the year ended December 31, 2019 d. Calculate the net income for loss) for the year ended December 31, 2019 e. What was the average income tax rate for Pope's Garage for 20197 f. $16.500 of dividends had been declared and paid during the year what was the Janart 2019. balance of retained earnings? Required: a. Calculate the total current assets at December 31, 2019. b. Calculate the total liabilities and stockholders' equity at December 31, 2019. c. Calculate the earnings from operations (operating income) for the year ended December 31, 2019, d. Calculate the net income (or loss) for the year ended December 31, 2019. e. What was the average income tax rate for Pope's Garage for 2019? f. If $16,500 of dividends had been declared and paid during the year, what was the January 1, 2019, balance of retained earnings? a Total current assets b Total liabilities and stockholders equity C Operating income d Average income tax rate Retained earnings