The following end-of-period spreadsheet was prepared for the year ended June 30, 2016: Based on this spreadsheet, which of the following statements are true? (There are multiple correct answers, you must select all the correct answers in order to get full credit for the problem.)

Retained earnings for the year ended June 30, 2016 increased by $20,025.

Total current assets at June 30, 2016 is greater than $90,000.

The second largest expense on the income statement is Miscellaneous Expense.

Retained earnings at June 30, 2016 is greater than $75,000.

Net income on the income statement is less than $25,000.

Net Income on the income statement is greater than $20,000.