The following accounts and balances were drawn from the records of Carolina Company on December 31, 2016:

Cash	$3,800		Accounts Receivable	$1,550
Dividends	1,900		Common Stock	2,375
Land	2,200		Revenue	2,200
Accounts Payable	1,150		Expense	1,250

32.

Total assets on Carolina's December 31, 2016 balance sheet would amount to:

$9,450.

$6,000.

$9,750.

$7,550.

33.

The amount of net income shown on Carolina's 2016 income statement would amount to:

$2,200.

$750.

$1,250.

$950.

34.

The amount of Carolina's retained earnings after closing on December 31, 2016 was:

$4,025.

$3,075.

$6,000.

$4,975.