using the table and the equations underlying each of the four basic financial statements, show (a) that the balance sheets in the balance, (b) net income is properly calculated, (c) what caused changes in the retained earnjngs account and (d) what caused changes in the cash account. cash flow is indacated with a minus sign.

Assets Liabilities Stockholders' 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 $18,300 13,800 4,500 10,600 9,250 1,350 550 3,600 4,400 1,700 (1,100) (950) 1,100 750 b. 1 C =