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Required Calculate the missing amounts CYCLONE, INC. Income Statement Revenues Expenses Salaries Rent Advertising s 12,200 6,200 4,200 Net income CYCLONE, INC Statement of Stockholders Equity Common Stock Retained Earnings Total Stockholders Equit Beginning balance$ Issuances of stock Add: Net income Less: Dividends Ending balance 13,200 $ 6,200 19,400 4,200 4,200 15,400 $ 7,200 $ 22,600 CYCLONE, INC Balance Sheet Assets Liabilities Cash Supplies Land Building 1,200 Accounts payable 3,200 Stockholders Equity 5,200 Common stock 15,200Retained earnings Total assets Total liabilities and stockholders equity

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CUYCLONE, INC Income Statement 26800 Revenue Expenses Salaries rent adverisiin Net income 12200 6200 4200 4200 CUYCLONE, INCCUYCLONE, INC Balance Sheet Assets Liabilities Cash Supplie:s Land Buildin 1200 Accounts Pavable 4200 5200 Common Stock 3200 Stockholders Equity 15400 7200 15200 Retained Earnings Total Liabilities & Stock total Assets 25800 holders Equi 25800 Calculations Net income Revenue 12200+6200+4200+4200 Issuance of Stock (15400-13200 Dividend (6200+4200-7200 supplies (25800-1200-5200-15200) 4200 26800 2200 3200 4200

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