Question: CAN SOMEONE HELP ME WITH THIS, IVE BEEN ON IT FOREVER. Pope's Garage had the following accounts and amounts in its financial statements on December

CAN SOMEONE HELP ME WITH THIS, IVE BEEN ON IT FOREVER. Pope'sCAN SOMEONE HELP ME WITH THIS, IVE BEEN ON IT FOREVER.

Pope's Garage had the following accounts and amounts in its financial statements on December 31, 2019. Assume that all balance sheet items reflect account balances at December 31, 2019, and that all income statement items reflect activities that occurred during the year then ended. Accounts receivable Depreciation expense Land Cost of goods sold Retained earnings Cash Equipment Supplies Accounts payable Service revenue Interest expense Common stock Income tax expense Accumulated depreciation Long-term debt Supplies expense Merchandise inventory Net sales $ 32, 300 10,500 25,700 86,000 57,100 9,900 69,000 5,200 22,900 26,300 2,200 9,000 19, 396 45,000 38,000 13,000 29,900 160,000 Required: a. Calculate the total current assets at December 31, 2019. b. Calculate the total liabilities and stockholders' equity at December 31, 2019. c. Calculate the earnings from operations (operating income) for the year ended December 31, 2019. d. Calculate the net income (or loss) for the year ended December 31, 2019. e. What was the average income tax rate for Pope's Garage for 2019? f. If $18,000 of dividends had been declared and paid during the year, what was the January 1, 2019, balance of retained earnings

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