URCES Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the m Cash DONAVAN, INC. Balance Sheet Assets $14,200 17,200 37,800 $69,200 Liabilities and Stockholders' Equity Inventory Part n Buildings Total assets Liabilities by Study Accounts payable Stockholders' Equity Common stock $ 5,700 (a) Retained earnings (b) Total liabilities and stockholders' equity $69,200 Revenues Type here to search DONAVAN, INC. Income Statement $84,900 0 Study & Practice Assignment Gradebook ORION > Open Assignment Downloadable eTextb ENT RESOURCES Total liabilities and stockholders' equity $69,200 1HW se1-1 se 1-3 se 14 s16 ise 1-8 se-10 (Part Submission) cise 1-11 031-14 DONAVAN, INC. Income Statement Revenues $84,900 Cost of goods sold (c) Salaries and wages expense 10,070 Net Income (d) vore DONAVAN, INC. Results by Study Retained Earnings Statement tive Beginning retained earnings Add: Net income Less: Dividends $19,200. (e) 4.950 $34,200 Ending retained earnings Click if you would like to Show Work for this question: Open Show W Type here to search