PR 1-6A Missing amounts from financial statements Obj. 5 K.$750,000 The financial statements at the end of Wolverine Realty's first month of operations are as follows Wolverine Realty ncome Statement For the Month Ended April 30, 2018 Fees earned Expenses 100,000 20,000 25,000 Total expenses 475,000 $275,000 Wolverine Realty Retained Earnings Statement For the Month Ended April 30, 2018 Retained earnings, April 1, 2018 (125,000) Wolverine Realty Balance Sheet April 30, 2018 Assets $462,500 12,500 150,000 ash Liabilities 100,000 Stockholders' Equity $375,000 Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2018 Cash flows from operating activities: Cash received from customers.. .. Cash payments for expenses and payments to creditors.... Net cash flows from operating activities (387.500) Cash flows used for investing activities: Cash payments for acquisition of land Cash flows from financing activities Cash received from issuing common stock..... Cash dividends Net cash flows from financing activities Net increase (decrease) in cash and April 30, 2018, cash balance Instructions By analyzing the interrelationships among the four financial statements, determine the proper amounts for A through