Question 6 Here are incomplete financial statements for Sunland Company. Calculate the missing amounts. SUNLAND COMPANY Balance Sheet Assets Cash $29,500 Supplies (a) Equipment (net) 62,400 Total assets (b) Liabilities and Stockholders' Equity Liabilities Notes payable $ 22,400 Stockholders' Equity Common stock 37,800 Retained earnings (c) Total liabilities and stockholders' equity (d) $ SUNLAND COMPANY Income Statement $50,500 Reveries (e) Depreciation expense Salaries and wages cxpcase Interest expense 12,900 1,000 Net income $25,000 SUNLAND COMPANY Retalned Farnings Statement Beginning retained earnings (6) $ Add: Net income (g) Less: Dividends 5,400 $36,000 Ending retained earnings