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The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets $31,000; Liabilities -?; Common Stock $6,100; Revenue $13,200, Dividends

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The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets $31,000; Liabilities -?; Common Stock $6,100; Revenue $13,200, Dividends $1,300, Beginning Retained Earnings $4,300: Ending Retained Eamings $8.300 Based on this information, the amount of expenses on Calloway's income statement was Multiple Choice $10.400 $8,100 $500. $3,800

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