Required information {The following information applies to the questions displayed below. The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets $25,000; Libilities Common Stock $5,500: Revenue $12,000: Dividends $1,000: Beginning Retained Earnings - $4,000, Ending Retained Earnings $7,500 Based on this information, what was the amount of expenses reported on Calloway income Matement for the current year