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The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets =528,000 : Liabilites = ?. Common $ tock =$5,800; Revenue

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The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets =528,000 : Liabilites = ?. Common $ tock =$5,800; Revenue =$12,600; Dwidends =$1,150;, Beginning Retained Earnings =$4,150; Ending Retained Earnings =$7,800 Based on this information, the amount of expenses on Calloway's income statement was Multeple Choice $500 $7000 59050 $3650

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