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These questions are based on the following information compiled for our company at the end of the current year: Cash $2,000 Accounts receivable $3,050 Equipment

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These questions are based on the following information compiled for our company at the end of the current year: Cash $2,000 Accounts receivable $3,050 Equipment $100 Vehicle $4,000 Accounts payable $1,000 Unearned revenue $1,500 Common stock$1,000 Retained earnings Dividends Service revenue Salaries expense Rent expense $4,150 (Balance as of January 1 of the current year) $500 $4,000 $1,500 $300 Advertising expense $200 Calculate the dollar amount for net income on our current year's income statement Select ] Calculate the dollar amount for retained earnings on our balance sheet at the end of the current December 31) ISelect 1 Calculate the dollar amount for total assets on our balance sheet at the end of the current year F7 F8

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