Items from the 2011 income statement, statement of retained earnings, and balance sheet of Electronic Arts, Inc.,

Question:

Items from the 2011 income statement, statement of retained earnings, and of Electronic Arts, Inc., are listed below in alphabetical order. Solve for the missing amounts, and explain whether the company was profitable.
Electronic Arts, Inc.
Contributed Capital...................................................... $2,430
Dividends........................................................................ 0
Net Income (Loss)..............................................................(a)
Retained Earnings, Beginning of Year..................................... 370
Retained Earnings, End of Year............................................. (b)
Total Assets................................................................. 4,900
Total Expenses................................................................. (c)
Total Liabilities............................................................. 2,400
Total Revenues.............................................................. 3,600
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...