The following is incomplete financial statements for XYZ, Inc.:

                                                    XYZ, Inc.

                                                 Balance Sheet

Assets                                             Liabilities and Shareholders' Equity

Cash                  5,000                        Liabilities

Inventory         10,000                         Accounts Payable                              5,000

Building           45,000                         Shareholders' Equity

Total Assets     60,000                        Common Stock                                  (a)       

                                                       Retained Earnings                             (b)

                                                       Total Liabilities and S-H Equity           60,000

                        Income Statement

Revenues                            85,000

Cost of goods sold                  (c)

Administrative expenses         10,000

Net Income                          (d)

Retained Earnings Statement

Beginning retained earnings              10,000

Add: Net Income                             (e)

Less:  Dividends                             5,000

Ending retained earnings                   25,000

Instructions:Calculate the Missing Amounts for a, b, c, d, and e

a =

b =

c =

d =

e=