Here are incomplete financial statements for Garrett, Inc: Calculate the missing amounts. Note that you might not be able to solve for all items in order. Assets Cash Inventory Building $5,750 11,500 51,750 GARRETT, INC. Statement of Financial Position December 31, 2020 Llabilities and Shareholders' Equity Liabilities Accounts payable Shareholders' equity Common shares $5.750 (a) (b) Retained earnings Total liabilities and shareholders' equity Total assets $69,000 $69.000 GARRETT, INC. Statement of Income Year Ended December 31, 2020 Sales revenue $85.000 Cost of goods sold Operating expenses Net income before income tax 11,500 (d) Income tax expense 5.750 Net income $ GARRETT, INC. Statement of Changes in Equity Year Ended December 31, 2020 Common Shares Retained Earnings $5.750 $11,500 Total Equity $17.250 If ( Balance, Jan 1 Issued common shares Net income Dividends declared e) 15.750 (5.750) Balance, Dec.31 s (a) $25.000