Question: Listed below are three independent scenarios. Required: Compute the missing amount in each row. Assume no withdrawals or dividends. Balance Sheet: Retained Earnings $30,000 (b)

Listed below are three independent scenarios.

Required:
Compute the missing amount in each row. Assume no withdrawals or dividends.

Balance Sheet: Retained Earnings $30,000 (b) 50,000 Income Statement: Net Income Balance Sheet: Retained Earnings Scenario $25,000 30,000 (c) 1. 2. 3. $ (a) 70,000

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