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CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues Expenses: Salaries $ 13,000 7,000 Rent Advertising 5,000 Net income CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Total Common Retained Stockholders' Stock Earnings Equity $ 14,000 $ 7,000 $ 21,000 3,000 5,000 5,000 4,000 $ 17,000 $ 8,000 $ 25,000 $ Beginning balance Issuances of stock Add: Net income Less: Dividends Ending balance Assets $ CYCLONE, INC. Balance Sheet Dec. 31, 2021 Liabilities 1,100 Accounts payable Stockholders' Equity 6,000 Common stock 16,000 Retained oamings Total liabilities and stockholders' equity $ Cash Supplies Land 4,000 Building Total assets 17,000 8,000 29,000 $