Question 20 The year-end financial statements of ABC Company contained the following elements and corresponding amounts Element Assets Liabilities Common Stock Amount $75,000 $15,000 $50,000 Beginning Retained Earnings $13,000 Ending Retained Earnings Revenue Dividends $10,000 $15,000 $5,500 Based on this information, the amount of Expenses on ABC Company's Income Statement was: $12.500 O $2,500 $8,000 O $3,000 Previous 2 pt