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
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(a)
Retained earnings
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(b)
Total liabilities and stockholders' equity

$69,100

DONAVAN, INC.
Income Statement

Revenues

$85,800

Cost of goods sold
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(c)
Salaries and wages expense
10,400

Net Income

$
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(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