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Stockholders' Equity Assets Liabilities Cash+ Accounts Receivable = Accounts Payable+ Common Stock Retained Earnings Supplies+ Equipment + + Expenses Dividends Revenues $25,000 $25,000 $4,900 $3,100

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Stockholders' Equity Assets Liabilities Cash+ Accounts Receivable = Accounts Payable+ Common Stock Retained Earnings Supplies+ Equipment + + Expenses Dividends Revenues $25,000 $25,000 $4,900 $3,100 -1,800 -600 $600 $5,500 $10,600 5,100 -1,700 -1,700 -$1,600 -1,600 -$800 -800 530 -530 -2,400 -2,400 360 -360 (b) Determine how much stockholders' equity increased for the month. in stockholders' equity Increase (c) Compute the net income for the month. Net income/(loss) $

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