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Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 31,500 BULLDOG, INC. Inc

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BULLDOG, INC.
Income statement
Revenues 31500
Expenses:
Salaries [ 31500 - 4500 - 2500 - 4500 ] 20000
Advertising 4500
Utilities 2500
Net income 4500
BULLDOG, INC.
Statement of stockholders' Equity
Common stock Retained earnings Total stockholders' equity
Beginning balance 8500 5500 14000
Issuances 1000 1000
Add: Net income 4500 4500
Less: Dividends (1500) (1500)
Ending balance 9500 8500 18000
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