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Question # 2: Please fill the blank Boxes $200,000 Income Statement/Balance Sheet Revenues Expenses Net Income Retained Earnings, Jan 1 Dividends paid Retained Earnings, Dec

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Question # 2: Please fill the blank Boxes $200,000 Income Statement/Balance Sheet Revenues Expenses Net Income Retained Earnings, Jan 1 Dividends paid Retained Earnings, Dec 31 Current Assets. Dec 31 Non-current assets, Dec 31 Total Assets, Dec 31 Current Liabilities, Dec 31 Non-current Liabilities, Dec 31 Total Liabilities, Dec 31 CS & Capital in Excess of Par, Dec 31 Total Stockholders' Equity, Dec 31 300,000 70,000 270,000 80,000 40,000 140,000 520,000 Question # 3: Please fill the blank Boxes 200000 Income Statement Sales COGS Gross Profit Operating expenses Operating Income (EBIT) Interest Expense Income Before Taxes (EBT) Tax Expense (40%) Net Income 60000 10000 92000

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