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You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income

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You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income statement, statement of stockholders' equity, and a balance sheet as of December 31, 2016 Do not use negative signs with your answers unless otherwise noted.
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\begin{tabular}{|l|r|lr|} \hline Sales Revenue & $9,000 & Equipment, net & $6,750 \\ \hline Expenses & 5,400 & Building, net & 18,000 \\ \hline Dividends & 1,350 & Accounts Payable & 1,800 \\ \hline Cash & 675 & Notes Payable & 14,850 \\ \hline Accounts Receivable & 1,125 & Common Stock & 9,000 \\ \hline Inventory & 1,350 & Retained Earnings & ? \\ \hline \end{tabular} Required You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income 5tatement, statement of stockholders' equity, and a balance sheet as of December 31,2016 . Do not use negative signs with your answers unless otherwise noted. Check

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