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Required. How much did Flores Company have in expenses for the year? Assets, January 1 $ 77,000 Liabilities, January 1 48,000 Assets, December 31 98,000

Required. How much did Flores Company have in expenses for the year? Assets, January 1 $ 77,000 Liabilities, January 1 48,000 Assets, December 31 98,000 Liabilities, December 31 57,000 Issuance of stock 10,800 Revenues 16,800 Expenses Dividends 5,900

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