Sheffield Company was organized on April 1, 2019. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. 400 Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense Debit Credit $ 6,900 Accumulated Depreciation-Equipment $ 800 480 Notes Payable 4,200 600 Accounts Payable 900 800 Salaries and Wages Payable 12,100 Interest Payable 80 500 Unearned Rent Revenue 300 7,600 Common Stock 12,980 2,000 Service Revenue 11,400 800 Rent Revenue 1,200 100 $32,260 300 80 $32,260 Determine the net income for the quarter April 1 to June 30. Net income Determine the total assets and total liabilities at June 30, 2019, for Sheffield Company. Sheffield Company $ Total assets Total liabilities LINK TO TEXT Determine the amount that appears for Retained Earnings at June 30, 2019. Retained Earnings, June 30