what are the retained earnings? what are the total assets? what is the net income? what are the total revenues? what are the total expenses?

QUESTION 1 On March 1 2017 Laredo Auto Rental, Inc. was organized The following transactions occurred during April 2017 April 1. The owner invested $200.000 in the company along with equipment that had a market value of $20.000 in exchange for common stock April 2 - A company office and garage were located the rent of 51 600 was paid for the month April 3 - Sexcars were taken on a monthly lease that totaled $1200 and was paid for April 4-Fuel and other supplies for the month was purchased on credit 53 200 April 6 - Car rental fees of $18.200 were charged to customers and these were received April 8. Office stationery worth $1200 was bought on credit. This should be treated as an expense. This amount is due on May 6) April 9 - Miscellaneous expenses of $2.400 were paid Apr12-Land near the airport for a future permanent site to include an office and parking bays, was purchased from a savugs and loan association of borrowing $150 000 on a note from that association. The loan is due to be repaid in three years Interest payments are due at the end of each month beginning May 1 April 14. Car rentaltees of $12.500 were charged to customers. This amount is due on May 10 April 16. Salaries of $4 000 for the month were paid Apri 18. Ullity charges of $1000 for the month were paid April 24 - Car repairs of $1.800 were undertaken and paid to a local mechanic April 28 - A new computer system was leased for $600 (the bill will be paid on May 18 April 30 - A dividend payment of $1 200 was paid to the owner To answer the question h o w you will need to al prepare a surmary of the above and post the transactions using t-accounts 1o prepare an income statement for the month of April 2017 and (c) prepare a balance sheet of April 30, 2017 Based on the information above, what is the cash balance for Laredo Auto Rental on April 30 2017 $200 000 5218,200 5205.000 $201000 $220,000