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Using your spreadsheet from Part 1, assume the following information and change your spreadsheet setup /formulas as needed to solve for the missing values. (Remember, only use cell referencing and formulas). Relationship #1 Revenues ? Expenses 33,500 Net Income 83,500 Relationship #2 Beginning Retained Earnings Net Income Dividends Ending Retained Earnings Relationship #3 Assets Liabilities Common Stock Retained Earnings 234,000 ? 40,500 ? 18,500 132,500 Required: 1. Complete the table below based on your results: Revenues Beginning Retained Earnings Net Income (Relationship #2) Liabilities Retained Earnings (Relationship #3) 2. Which formula would be incorrect in arriving at Retained Earnings in Relationship #3? =G18 =J15-J16-17 O=G15+G16-G17 =G18-G15+G17 3. Assume the Net Income was actually a Net Loss of $18,500, Expense were $66,800, Beginning Retained Earnings was $87,000, and Ending Retained Earnings was unknown. Which of the following amounts will change? Ending Retained Earnings only Revenues and Common Stock Ending Retained Earnings and Common Stock Ending Retained Earnings and Revenue 4. What is the revised ending balance in Retained Earnings? $50,000 $58,300 $68,300 $57,300