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Talbridge Ltd. had the following account balances at December 31, 2021: Account Name or Activity Amount Repairs expense $1,125 Wages expense 21,350 Prepaid expenses 1,400

Talbridge Ltd. had the following account balances at December 31, 2021:

Account Name or Activity Amount
Repairs expense $1,125
Wages expense 21,350
Prepaid expenses 1,400
Dividends 3,500
Purchase of intangibles 1,360
Cash (end of year) 36,385
Deferred revenue 1,500
Owner's capital 12,000
Accounts payable 12,810
Prepaid rent 900
Collections from customers 28,350
Rent expense 2,100
Contributions by owners 2,500
Accounts receivable 17,155
Cash (beginning of year) 16,890
Retained earnings (beginning of year) 8,575
Interest expense 900
Business licence 60
Payment of dividends 3,500
Website design 1,300
Service revenue 47,560
Cash received from debt 12,500
Income tax expense 4,450
Supplies 2,550
Supplies expense 1,845
Payments to suppliers 18,995
Bank loan payable, due in 2025 12,500
Website expense 500
Income tax payable 575

What is Profit before Income Tax (also called Income before Income Tax) on this company's single step income statement? (2 points)

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What is Profit (also called Net Income) on this company's single step income statement? (2 points)

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What is ending Retained Earnings on this company's statement of retained earnings? (2 points)

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What is total current assets on this company's balance sheet? (2 points)

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What is total assets on this company's balance sheet? (2 points)

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What is total current liabilities on this company's balance sheet? (2 points)

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What is total liabilities on this company's balance sheet? (2 points)

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What is total equity on this company's balance sheet? (2 points)

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What is total cash flow from operating activities on this company's statement of cash flows? (2 points)

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What is total cash flow from investing activities on this company's statement of cash flows? (2 points)

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What is total cash flow from financing activities on this company's statement of cash flows? (2 points)

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What is the net change in cash on this company's statement of cash flows? (2 points)

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