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The financial statements of Ridgeline Employment Services, Inc., reported the following accounts: Click the icon to view the list of accounts.) (Click the icon to
The financial statements of Ridgeline Employment Services, Inc., reported the following accounts: Click the icon to view the list of accounts.) (Click the icon to view the statement of stockholders' equity) Read the requirements Calculate the following for Ridgeline Employment Services: a. Net income Ridgelino's net income is Data table me is $ Paid-in capital in excess of par Notes Payable (short-term) Common stock. $0.01 par 600,000 shares issued Long-term debt 334,000 Total revenues 50,000 Accounts payable Retained earnings 6,000 Other current liabilities 25,000 Total expenses $ 1,600,000 100,000 660,000 200,000 1,000,000 x Reference no $ 6,000 334,000 Balance Sheet (Partial) Stockholders' Equity Common stock, $ 0.01 par, 600,000 shares issued Paid-in capital in excess of par Total paid-in capital Retained earnings Total stockholders' equity Net Income has already been closed to retained Earnings. 340,000 660,000 1,000,000 $
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