Ustand describe any shortcomings of this statement 15-33 Income Statement, Balance Sheet, and Dividends LaPlace Company had celined earnings of $56,780 st the beginning of 2013. During the year the Company had coal revenues of $530.000, total expenses (including taxes) of $495.000, bought prop- etty and equipment for $340,000, and paid cade dividends of $12.000 Compte lace Company's Selained eanings at the end of 2013