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Use the following information compiled for our company at the end of the current year to answer these questions: Cash $1,900 Accounts receivable $3,200 Equipment

Use the following information compiled for our company at the end of the current year to answer these questions:

Cash $1,900
Accounts receivable $3,200
Equipment $200
Vehicle $3,500
Accounts payable $2,000
Unearned revenue $700
Common stock $1,500
Retained earnings $3,500 (Balance as of January 1 of the current year)
Dividends $500
Service revenue $5,000
Salaries expense $2,500
Rent expense $400
Advertising expense $500

Calculate the dollar amount for net income on our current years income statement (December 31).

[ Select ] ["$1,100", "$1,600", "$2,100", "$3,500"]

Calculate the dollar amount for retained earnings on our balance sheet at the end of the current year (December 31).

[ Select ] ["$4,100", "$5,100", "$4,600", "$6,500"]

Calculate the dollar amount for total assets on our balance sheet at the end of the current year (December 31).

[ Select ] ["$8,800", "$10,300", "$10,600", "$13,800"]

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