QUESTION 15 Financial Statement Basics Use the following information from Rachel's 12/31/Y3 adjusted trial balance to answer the questions below. Assume this is Rachel's first year of operations and the beginning balance in Retained Earnings is $o. Interest Payable $1.000 Accounts Payable $30,000 Accounts Receivable 8,000 Dividends 8.000 Unearned Revenue 12,000 Income Tax Payable 22.000 Cash 142.000 Rent Expense 16.000 Income Tax Expense 22.600 Salary Expense 48,000 Depreciation Expense 2,000 Prepaid Rent 4.000 Common Stock 140,000 Land 82,000 Equipment. Net 60.000 Sales Revenue 180.000 Interest Expense 1.000 Notes Payable 8.000 NOTE: Enter values with no dollar sign and appropriate comimas (e.g. 5,000) 1. What is the dollar value of Net Income for 2013? 2. What is the dollar value of total Assets on 12/31/Y3? 3. What is the ending balance in Retained Earnings on 12/31/43? 4. What is the dollar value of Contributed Capital on 12/31/Y3? 5 What is the dollar value of total Liabilities on 12/31/43