US Kimmel, Accounting, 6e CES Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the missin DONAVAN, INC. Balance Sheet vel Assets $14,500 17,500 37,500 $69,500 vel Cash Inventory Buildings Total assets Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity $5,500 udy Common stock Retained earnings Total liabilities and stockholders' equity $69,500 DONAVAN, INC. Income Statement $84,000 Revenues Cost of goods sold Salaries and wages expense Net Income 10,440 DONAVAN, INC. Retained Earnings Statement Beginning retained earnings Add: Net income Less: Dividends Ending retained earnings Click if you would like to Show Work for this question: Open Show Work $19,500 4,000 $34,500 LINK TO TEXT VIDEO: APP