Use the following to answer questions 20-22 Determine ending retained earnings for years 1, 2 and 3. At the beginning of year 1, the retained earnings had a $0 balance. Year Net Income Dividends Retained Earnings 1 $100,000 $25,000 20. 2 150,000 80,000 21. 3 160,000 75,000 22. Use the following to answer questions 23-28 On-the-Go Foods provides food delivery services to construction sites. At the end of the year, the company reports the following amounts: Cash Food trucks Maintenance expense Note payable Service revenue Food expense $50,000 200,000 32.000 150,000 800,000 325,000 Accounts payable Garage/Office Salaries expense Salaries payable Paper supplies used Paper supoliss 545,000 921,000 250.000 13,000 4,000 1.000 In addition, the company had common stock of $300.000 at the beginning of the year and issued an additional $100,000 of stock during the year. The company also had retained emines of $375.000 at the beginning of the year and did not decare any dividends during the year. 235 Determine Na Income 24 S Determine ending Common Sock 25. S Determine anding Retained Earrings 26.5 Determine Toral Assets 27.5 Determine Toral Liabilities 28. S. Determined Total Stockholders Equity