Use the Following Information to Answer the Questions Below 1. May 1, The W-Corp Authorized 200,000 shares of $1 par value stock. 2 May 2, The W-Corp Issued 50,000 shares of Common stock for $5 each. 3. May 3, The W-Corp Issued 300 Bonds for $1,000 Each. (Face Value $1,000 and Face Rate of 12% paid Annually on December 31) 4. May 4, The W-Corp Bought Equipment 10 Year Life) for $240,000 on account. 5. May 5, The W-Corp Bought 500 Bikes for $60 each, total of $30,000 with a check. FYI = The Business Uses the Perpetual FIFO method of Inventory. 6. May 10, The W-Corp Bought 500 Bikes for $80 each, total of $40,000 on Account. 7. May 15, The W-Corp paid this Month's Operating Expenses of $22,000 with checks 8. May 20, The W-Corp Sold 700 Bikes to the Gavilan Bike Shop for $200 each, on Account. Compute the The Total Liabilities at Month End = Compute the The Total Stockholders (Owners) Equity at Month End = Compute the Number of Common Stock Shares Issued as of Month End = 9. May 25, The W-Corp Bought Back 5,000 shares of Common stock for $3.00 each from the Investors 10. May 31, The W-Corp Recorded 1 month of Depreciation on the Equipment using the Straight Line method 11. May 31, The W-Corp Recorded one month of Interest Payable on the Bonds 12. May 31, The W-Corp Paid Dividends in the amount of $1.20 per share of Common Stock Outstanding Compute the following, Show your Answers as a Number only, NO Decimals or Dollar Signs. Compute the Gross Profit for the Month = Compute the Net Income for the Month = Compute the Ending Retained Earnings Balance at Month End = Compute The Ending Inventory Balance in Dollars at Month End = Compute the Ending Inventory Balance in Units (Bikes) at Month End = Compute the Ending Cash Balance at Month End = Compute the Ending Net Book Value of the Equipment at Month End = Compute the Total Assets at Month End = Compute the The Total Liabilities at Month End = Compute the The Total Stockholders (Owners) Equity at Month End = Compute the Number of Common Stock Shares Issued as of Month End = Compute the Number of Common Stock Shares Outstanding as of Month End =