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Exercise 1-9 Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets $ 12,900 15,900 39,100 $67,900 Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity $ 5,400 Common stock Retained earnings Total liabilities and stockholders' equity $67,900 DONAVAN, INC. Income Statement $85,200 Revenues Cost of goods sold Saies and wages expense 10,450 Net Income DONAVAN, INC. Retained Earnings Statement Beginning retained earnings Add: Net income Less: Dividends Ending retained earnings Click if you would like to Show Work for this question: $17,900 4,160 $32,900 en Show W