Question

Can you help me solve those accounting questions?

MAIL UU Versions of Sanchez Corporations financial statements for two recent years are as follows DE! (Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the lette dollars. Use parentheses or a minus sign when entering a net decrease in cash) Statement of Retained Earnings Beginning balance 2.730 Net income Dividends Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1.577 1.386 Other assets 12 292 Total assets $ 14.833 Enter any number in the edit fields and then click Check Answer All parts showing Clear A Type here to search

Answer 1

	2019	2018
Income Statement
Revenue	13,770	16,275
Cost of Goods Sold	11,010	12,965
Other Expenses	1,230	1,190
Income Before Income Taxes	1,530	2,120
Income Tax (35%)	536	742
Net Income	995	1,378
	2019	2018
Balance Sheet
Assets
Cash	1,065	1,155
Property, Plant, Eqipment	1,577	1,386
Other Assets	12,434	12,292
Total Assets	15,076	14,833
Liabilities
Current Liabilities	4,175	5,700
Long Term Debt	4,300	3,350
Other Liabilities	1,025	1,170
Total Liabilities	9,500	10,220
Stock holders Equity
Common Stock	435	435
Retained Earnings	4,971	4,058
Other Stock Holders Equity	170	120
Total Stock Holders Equity	5,576	4,613
Total Liabilities and Stock Holders Equity	15,076	14,833
Statement of Retained Earning
Begning Balances	4,058	2,730
Net Income	995	1,378
Dividends	(82)	(50)
Ending Balance	4,971	4,058
Cash Flow Statement
Net Cash Provided By Operating Activity	730	925
Net Cash Used In Investing Activity	(310)	(550)
Net Cash Used In Financing Activity	(510)	(490)
Increase (Decrease ) In Cash	(90)	(115)
Cash at the Begning of the Year	1,155	1,270
Cash at the End of the Year	1,065	1,155