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X Your answer is incorrect. Here are incomplete financial statements for Cullumber Company. Calculate the missing amounts. CULLUMBER COMPANY Balance Sheet Assets Cash $ 13,300

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X Your answer is incorrect. Here are incomplete financial statements for Cullumber Company. Calculate the missing amounts. CULLUMBER COMPANY Balance Sheet Assets Cash $ 13,300 Inventory 16,300 Buildings 39,700 Total assets $68,300 Liabilities and Stockholders' Equity Liabilities Accounts payable $5,300 Stockholders' Equity Common stock 29900 (a) 1 Retained earnings (b) Retained earnings Total liabilities and stockholders' equity $68,300 CULLUMBER COMPANY Income Statement Revenues $85,800 Cost of goods sold (c) Salaries and wages expense 10,140 Net income $ $ (d) ) CULLUMBER COMPANY. Retained Earnings Statement Beginning retained earnings $18,300 Add: Net income (e) e Less: Dividends 4,870 Ending retained earnings $33,300

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