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10. E1-1 Reporting Amounts on the Four Basic Financial Statements ILO 121 Using the following table and the equations underlying each of the four basic financial statements, show (a) hat the balance sheet is in balance, (D) that net income is properly cakcuiated, (c) what caused changes in the retained earnings account, and (d) what caused changes in the cash account (Cash outflows should be indicated with a minus sign. Assets Stockholders Equity Revenue Expenses Net Income Dividends Beginning Retained Eamings Ending Retained Earnings Cash Flows from Operating Activiies 2,100 Cash Flows from Investing Activities (1,500) Cash Flows from Financing Activities (1,150) Beginning Cash Ending Cash $18,700 14,000 4,700 1,000 9,450 1,550 750 4,000 4,800 1,500 950