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Swifty Rides Inc has a March 31,2024, fiscal year end and a 35% income tax rate. The following information is available for its 2024 yearend:

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Swifty Rides Inc has a March 31,2024, fiscal year end and a 35% income tax rate. The following information is available for its 2024 yearend: 1. Performed $866,000 service revenue and paid $350,000 in salaries. Interest ecpense was $13,600 2. Paid dividends in December 2023 of $14,800 that had been declared in November 2023. 3. On March 10, 2024, declared dividends of $21.700 payable April 30,2024 4. Recorded and remitted income taxes of 5159,000 (related to 2024 fiscal year) during the year. 5. Issued common shares for $15,900 on Janeary 31.2024 6. Retained eamings balance on April 1,2023 was $71,000. hresare an mosoe statement

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