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Revenues = $ 2 5 , 0 0 0 ; Expenses = $ 1 7 , 0 0 0 ; Net income = _ _

Revenues = $25,000; Expenses = $17,000; Net income =_____________blank.
Increase in stockholders' equity = $16,000; Issuance of common stock = $10,000; Net income = $11,000; Dividends =_____________blank.
Assets = $23,000; Stockholders' equity = $17,000; Liabilities =_____________blank.
Total change in cash = $24,000; Net operating cash flows = $32,000; Net investing cash flows =($15,000); Net financing cash flows =_____________blank.
Required:
Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements

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