the following to answer questions 28-35 he company has provided their trial balance at the end of the year. Credits Cash Accounts receivable Supplies Prepaid expenses Buildings/Equipment, net Accounts payable Income tax payable Utilities payable Deferred revenue Notes payable Common stock Retained Earnings Dividends Service revenue Salaries expense Insurance expense Advertising expense Supplies expense Depreciation expense Rent expense Utilities expense Totals Debits $25,000 31,000 3,000 15,000 1,240,000 Chapter 2 75,000 525,000 12,000 125,000 12,000 140,000 12,000 15,000 $2,230,000 $2,230,000 Based on the data provided in the trial balance find the following: 28. $ 841,000 Determine Total expenses. 29. $ 109,000 Determine Net income 30. $ 305,000 Determine Beginning Retained Earnings 31. $339,000 Determine Ending Retained Earnings 32. $ Determine Total Stockholders' Equity 33. $ Determine Total Liabilities 34. $ 1,314,000 Determine Total Assets $18,000 22,000 3,000 7,000 375,000 425 550,000 305,000 950,000 = 1,314,000 109 -75 35. $ At the beginning of the year, the company had $500,000 in its common stock account. How much stock was issued during the year? Page 2-4

the following to answer questions 28 - 35 the following to answer questions 2835 25. 5.864000 Determine Total expenses. 29. 5409,000 Determine Net incorrse 30. 5 305000 Determine Beginning Retained Eamings 31. 5339,010 Determine Ending Retained Earnings 32. 5 Determine Total Stockholders Equity 33.5 Determine Total Uabiities 34. 51314 . 0110 Determine Total Assets. 35.5 At the beginning of the year, the company had $500,000 in its common stock actount. How. much stock was issued during the year