Question 6 Scourge Ltd. has just completed its first year of operations. Presented below are its Statement of Earnings and Balance Sheet. No dividends were declared or paid for the year. Scourge Ltd. Sales Operating expenses Depreciation expense Earnings before income tax expense Income tax Net eamings Cash Accounts receivable Inventory Prepaid rent Equipment (net of Depreciation of $2,000) Total assets Accounts payable Notes payable Shareholders' equity Share capital (5,000 shares issued) Retained earnings Total shareholders' equity Total liabilities and shareholders' equity Required: Solve for the missing amounts. Statement of Earnings Year Ended July 31, 2021 S A 31,000 B C 1,000 D Scourge Ltd. Balance Sheet E Assets $ F 200 5,500 600 11,000 G Liabilities and Shareholders' Equity $5,500 H $7.500 $9,300 Hint: It is not always best to start at the beginning and do things in alphabetical order. A F B G C H D I E J $19.800