Use the following to answer questions 1519 The company had the following account balances at the end of December: 15. 5220 , What were total expenses for the year? 16. \$120, Calculate their net income for the vear. 17. $ Calculate their ending balance in Retained Earnings. 18. 5 What is their balance in stockholder's equity on 12/31. 19. 5 What is the balanive of the Equipment account. Use the following to answer questions 2022 Determine ending retained earnings for years 1,2 and 3. At the beginning of year 1 , the retained earnings had a $0 balance