The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $12,300 5,900 2,300 5,300 66,700 28,300 21,400 3,800 4,000 66,400 19,000 What is Trumpeter's net income? Multiple Choice $10,100 0 $1,600 $9,100 O $2,100 The following financial information is from Shovels Construction Company: Accounts payable Buildings Cash Accounts receivable Sales tax payable Retained earnings Supplies Notes payable (due in 18 months) Interest payable Common stock $13,100 89,000 11,900 9,500 3,700 46,200 40,700 32,000 2,000 54,100 What is the amount of current assets, assuming the accounts above reflect normal activity? Multiple Choice $21,400 $62,100 $116,200 $151,100 The following financial information is from Bronco Company. All debt is due within one year unless stated otherwise. Retained Earnings Supplies Equipment Accounts Receivable Deferred Revenue Accounts Payable Common Stock Notes Payable (due in 18 months) Interest Payable $61,100 37,300 72,700 8,800 5,400 13,200 24,800 31,000 6,300 23,000 Cash What is the amount of current liabilities? Multiple Choice $13,200 O $19,500 O $24.900 O O $55.900 The following table contains financial information for Trumpter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $12,400 4,900 3,700 4,500 65,500 28,100 20,500 4,000 4,500 67,700 15, 200 What is the amount of Trumpter's total assets? Multiple Choice $154,200 $82,800 $86,500 0 $21,000