Required Information

$[$The following informetion applies to the queations alsployed below.$]$

The following finencial ststements and additionsl informetion are reported.

Additional Information

b$.$ The only changes sffecting retaines esrning: are ret incame snd cesh dividends poid.

c$.$ New equlpment is scoulred for $$57,600cssh.$

d$.$ Recelved cssh far the ssle of equlpment that hsd cost $$49,600,$ yleld'ing $$$2000g\frac{3}{h}$

e$.$ Prepsid Expenses and Woges Peysble re ste to Opereting Expenses on the income ststement.

f$.$ All purchoses snd ssles of liventory ore on credit.

Requlred:

Required.

Note: Amounts to be deducted should be indicated with a minus slign.