Use the following information from the ADJUSTED TRIAL BALANCE of SAM Corp. for the fiscal year ended December 31, 2019 to answer the next 16 questions that follow.

Wages Payable

7,000

Wages Expense

20,000

Unearned Service Revenue

3,000

Service Revenue

40,000

Retained Earnings, 1/1/2019

14,000

Rent Expense

6,000

Prepaid Rent

12,000

Notes Payable, Due 5/1/2030

30,000

Notes Payable, Due 5/1/2020

4,000

Land

30,000

Interest Revenue

5,000

Interest Payable

2,000

Interest Expense

3,000

Equipment

20,000

Dividends

2,000

Depreciation Expense -- Equipment

5,000

Common Stock

50,000

Cash

46,000

Accumulated Depreciation - Equipment

1,000

Accounts Receivable

18,000

Accounts Payable

6,000

1.NET INCOME for the year is:

2.TOTAL CURRENT ASSETS reported on the December 31, 2019 balance sheet is:

3.TOTAL PROPERTY, PLANT, AND EQUIPMENT reported on the December 31, 2019 balance sheet is:

4.TOTAL ASSETS reported on the December 31, 2019 balance sheet is:

5.TOTAL CURRENT LIABILITIES reported on the December 31, 2019 balance sheet is:

6.TOTAL LONG-TERM LIABILITIES reported on the December 31, 2019 balance sheet is:

7.TOTAL LIABILITIES reported on the December 31, 2019 balance sheet is:

8.RETAINED EARNINGS reported on the December 31, 2019 balance sheet is:

9.TOTAL OWNERS' EQUITY reported on the December 31, 2019 balance sheet is: