Question: Please help asap Missing amounts from financial statements The financial statements at the end of Wolverine Realtys first month of operations are as follows: By

Please help asap

Missing amounts from financial statements

The financial statements at the end of Wolverine Realtys first month of operations are as follows:

By analyzing the interrelationships among the four financial statements, determine the proper amounts for the missing items. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash in the Statement of Cash Flows.

Wolverine Realty
Income Statement
For the Month Ended April 30, 20Y0
Fees earned $fill in the blank 1
Expenses:
Wages expense $310,000
Rent expense 101,000
Supplies expense fill in the blank 2
Utilities expense 22,000
Miscellaneous expense 28,000
Total expenses (489,000)
Net income $259,000

Wolverine Realty
Statement of Stockholders' Equity
For the Month Ended April 30, 20Y0
Common Stock Retained Earnings Total
Balances, April 1, 20Y0 $0 $0 $0
Issued common stock fill in the blank 3 fill in the blank 4
Net income fill in the blank 5 fill in the blank 6
Dividends (130,000) (130,000)
Balances, April 30, 20Y0 $fill in the blank 7 $fill in the blank 8 $fill in the blank 9

Wolverine Realty
Balance Sheet
April 30, 20Y0
Assets
Cash $462,000
Supplies 11,500
Land 147,000
Total assets $fill in the blank 10
Liabilities
Accounts payable $111,500
Stockholders Equity
Common stock $380,000
Retained earnings $fill in the blank 11
Total stockholders equity fill in the blank 12
Total liabilities and stockholders equity $fill in the blank 13

Wolverine Realty
Statement of Cash Flows
For the Month Ended April 30, 20Y0
Cash flows from (used for) operating activities:
Cash received from customers $fill in the blank 14
Cash paid for expenses and to creditors (389,000)
Net cash flows from operating activities $fill in the blank 15
Cash flows from (used for) investing activities:
Cash paid for land $fill in the blank 16
Cash flows from (used for) financing activities:
Cash received from issuing common stock $fill in the blank 17
Cash paid for dividends fill in the blank 18
Net cash flows from financing activities fill in the blank 19
Net increase (decrease) in cash $fill in the blank 20
Cash balance, April 1, 20Y0 0
Cash balance, April 30, 20Y0 $fill in the blank 21

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