Here are incomplete financial statements for donavan, inc. calculate the missing amounts.
donavan, inc.
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
entry field with correct answer
(a)
retained earnings
entry field with correct answer
(b)
total liabilities and stockholders' equity
$69,100
donavan, inc.
income statement
revenues
$85,800
cost of goods sold
entry field with incorrect answer now contains modified data
(c)
salaries and wages expense
10,400
net income
$
entry field with incorrect answer now contains modified data
(d)
donavan, inc.
retained earnings statement
beginning retained earnings
$19,100
add: net income
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(e)
less: dividends
4,710
ending retained earnings
$34,100