Reference no: EM132463942

Use the following information for the year ended December 31, 2022.

Supplies                                    $1,600

Service revenue                         $19,500

Operating expenses                     10,500

Cash                                        14,700

Accounts payable                      10,000

Dividends                                  6,300

Accounts receivable                   4,400

Notes payable                          1,600

Common stock                        10,500

Equipment                              9,300

Retained earnings (beginning)     5,200

Question 1: Calculate the following: (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

1. Net income / (net loss) $ enter a dollar amount
2. Ending retained earnings $ enter a dollar amount
3. Total assets $ enter a dollar amount