Question 1 of 3 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity Common stock $ 12,000 15,000 40,000 $67,000 $5,000 (a) (b) Retained earnings Total liabilities and stockholders' equity $67.000 $84,000 DONAVAN, INC. Income Statement Revenues Cost of goods sold Salaries and wages expense Net Income $ (0) 10,000 DONAVAN, INC. Retained Earnings Statement Beginning retained earnings $17,000 Add: Net Income le Question 1 of 3 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity Common stock $ 12,000 15,000 40,000 $67,000 $5,000 (a) (b) Retained earnings Total liabilities and stockholders' equity $67.000 $84,000 DONAVAN, INC. Income Statement Revenues Cost of goods sold Salaries and wages expense Net Income $ (0) 10,000 DONAVAN, INC. Retained Earnings Statement Beginning retained earnings $17,000 Add: Net Income le