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Prepaid insurance $900 Service revenue $24,000 Operating expenses 13,100 Cash 17,000 Accounts payable 9,700 Dividends 1,300 Accounts receivable 2,900 Notes payable 1,500 Common stock 9,500

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Prepaid insurance $900 Service revenue $24,000 Operating expenses 13,100 Cash 17,000 Accounts payable 9,700 Dividends 1,300 Accounts receivable 2,900 Notes payable 1,500 Common stock 9,500 Bonds payable 44,500 Retained earnings (beginning) 5,000 Equipment 59,000 Calculate the following: (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net income / (net loss) $ Ending retained earnings $ Total liabilities $

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