Using the following table and the equations underlying each of the four basic financial statements. Assets Liabilities Shareholders' Equity Revenue Expenses Net income Dividends Beginning Retained Earnings Ending Retained Earnings Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Beginning Cash Ending Cash Required: a. Show that the balance sheet is in balance. Assets = Assets reported = $ 0 + + $18,375 13,825 4,550 10,550 9,225 1,325 510 3,585 4,400 1,630 (1,015) (920) 1,040 735

Using the following table and the equations underlying each of the four basic financial statements. Required: a. Show that the balance sheet is in balance