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Sammy's Pizza opened on January 1, Year 1. Sammy's reported the following for cash revenues and cash expenses for the years Year 1 to Year

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Sammy's Pizza opened on January 1, Year 1. Sammy's reported the following for cash revenues and cash expenses for the years Year 1 to Year 3: Year 1 Year 2 Year 3 Cash Revenues $ 20,000 $ 30,000 $ 40,000 Cash Expenses $ 11,000 $14,000 $ 22,000 Required a. What would Sammy's Pizza report for net income and retained earnings for the years Year 1 Year 2, and Year 3? Net Income Retained Earnings Year Year 1 Year 2 Year 3

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