Complete the missing information with the data given. Please explain your answer, thanks.

Tinancial statements at the end of Atlas Realty's first month of operations follow. y analyzing the interrelationships among the four financial statements, determine the miss cash in the Statement of Cash Flows. $399,000 Atlas Realty Income Statement For the Month Ended May 31, 2016 Fees earned Expenses: Wages expense Rent expense Supplies expense Utilities expense Miscellaneous expense Total expenses $ 204,000 50,000 17,000 14,700 4,800 Net income (290,500) $ 108, soo Atlas Realty Statement of Stockholders' Equity For the Month Ended May 31, 2016 Common Stock Retained Earnings Total $0 $0 $0 108,500 108,500 Balances, May 1, 2016 Issued common stock Net income Dividends Balances, May 31, 2046 engage Learning Cangellow Online teaching and leaming resource from ISO 263 Soo Net income Dividends Balances, May 31, 2046 5 $123,500 12,400 Atlas Realty Balance Sheet May 31, 2016 Assets Cash Supplies Land Total assets Liabilities Accounts payable Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $61,400 (124,000) Atlas Realty Statement of Cash Flows For the Month Ended May 31, 2016 Cash flows from (used for) operating activities: Cash received from customers Cash paid for expenses and to creditors (241,500) Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for acquisition of land Cash flows from (used for) financing activities: Cash received from issuing common stock $150,000 Cash paid for dividends (60,000) Net cash flows from financing activities Net increase (decrease) in cash Cash balance, May 1, 2016 Cash balance, May 31, 2046