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Presented below is information related to Gonzales Company. Required: How much did Gonzales Company have in expenses for the year? Assets, January 1 Liabilities,

Presented below is information related to Gonzales Company. Required: How much did Gonzales Company have in

Presented below is information related to Gonzales Company. Required: How much did Gonzales Company have in expenses for the year? Assets, January 1 Liabilities, January 1 Assets, December 31 Liabilities, December 31 Issuance of stock Revenues Expenses Dividends $ 67,000 35,000 88,000 46,000 8,400 13,100 6,000

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