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Use the following information to calculate for the year ended December 31, 2018 (a) net income, (b) ending retained earnings, and (c) total assets. Supplies

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Use the following information to calculate for the year ended December 31, 2018 (a) net income, (b) ending retained earnings, and (c) total assets. Supplies $3,000 Revenues $25,000 Operating expenses 12,000 Cash 15,000 Accounts payable 9,000 Dividends 1,000 Accounts receivable 3,000 Notes payable 1,000 Beginning retained earnings 5,000 Equipment 6,000 (a) Net income $ (b) Ending retained earnings $ (c) Total assets $ Save for later Attempts: 0 of 1 used Submit

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