E$1-2$ Reporting Amounts on the Four Basic Financial Statements

Using the following table and the equations underlying each of the four basic financial state$-$

ments, show $($a$)$ that the balance sheet is in balance, $($b$)$ that net income is properly calculated,

$($c$)$ what caused changes in the retained earnings account, and $($d$)$ what caused changes in the

cash account.