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Required: Calculate the missing amounts. Income Statement Revenues Expenses Salaries Rent 11,000 5,000 7.000 Advertising Net income Statement of Stockholders' Equity Common Retained Stock Earnings

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Required: Calculate the missing amounts. Income Statement Revenues Expenses Salaries Rent 11,000 5,000 7.000 Advertising Net income Statement of Stockholders' Equity Common Retained Stock Earnings $ 15,000 $ 8 000 Beginning Issuances Add Net income Less Dividends Ending balance 3,000 $ 18,000 S 9,000 Assets Cash s 5,000 Supplies Land Buildings Total assets Balance Sheet Liabilities 6.000 Accounts payable Stockholders' Equity 7000 Common stock 14,000 Retained earnings Total liabilities and stockholders' equily

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