ROK Corporation incurred the following transactions for 2013: 1. Stockholders invested $10,000 into the corporation in exchange for $10,000 of Common Stock. 2. Purchased equipment costing $5,000; paying $1,000 in cash and agreed to pay the remaining $4,000 in four months. 3. Received $3,500 in cash for services performed. 4. Paid $1,500 for the monthly rent 5. Earned $500 in revenue on account. 6. Paid $800 for wages 7. Prepaid 1 years worth of insurance for $900 8. Received $700 payment in advance for work to be done next month. 9. Made a payment on equipment purchase in (2) above in the amount of $1,000 10. Received $300 from customers earned on account in (5) above 11. Paid dividends in the amount of $1,200 to stockholders. Using the above information, answer the following questions: 1. What are the total of the debits and credits on the Trial Balance?

2. What is the balance in the cash account

3. What is the net income for the period

4. what is the amount of total assets on the balance sheet

5.what ius the amount of total liabilities on the balance sheet