Please include the math or reasoning you used to find the answers.

Calculate the missing amounts. SANDHILL CO. Balance Sheet Assets Cash Inventory Buildings Total assets Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity Common stock $ 12,000 15,000 40,000 $67,000 $ 5,800 61200 (a) Retained earnings 61200 (b) Total liabilities and stockholders' equity $67,000 SANDHILL CO. Income Statement Revenues $84,200 Cost of goods sold 0 (c) 10,430 Salaries and wages expense Net income 73770 (d) SANDHILL CO. Retained Earnings Statement Beginning retained earnings $17,000 Add: Net income 10390 Less: Dividends 4,610 Ending retained earnings $32,000 (e)