Problem 1-4B Understand the format of financial statements and the link among them (LO1-3) Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues $ 35,000 Expenses: Salaries Rent $ 11,500 5,500 Advertising 3,500 Net income $ 5,500 Beginning balance Issuances of stock Add: Net income CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Common Retained Total Stockholders' Stock Earnings Equity $ 12,500 $ 5,500 $ 18,000 3,500 3.500 Less: Dividends Ending balance $ 14,000 $ 6.500 $ 20.500