WILDHORSE CO. Balance Sheet Assets Cash $ 14,100 Inventory 17,100 Buildings 37,900 Total assets $69,100 Liabilities and Stockholders' Equity Liabilities Accounts payable $ 5,200 Stockholders' Equity Common stock (a) Retained earnings Total liabilities and stockholders' equity (b) $69,100 WILDHORSE CO. Income Statement Revenues Tovarnalities and SLOCKNOers equity p07,IVU WILDHORSE CO. Income Statement Revenues $85,800 Cost of goods sold (c) Salaries and wages expense 10,400 Net income $ (d) WILDHORSE CO. Retained Earnings Statement Beginning retained earnings $19,100 Add: Net income (e) Less: Dividends Ending retained earnings 4,710 $34,100