The total assets and liabilities of Company at January 1 and December 31, 2022 are presented...

 

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The total assets and liabilities of Company at January 1 and December 31, 2022 are presented below. Assets Liabilities January 1 $95,000 30,000 December 31 $140,000 36,000 Assume dividends of $10,800 were paid and no additional stock was issued during the year. Revenues were $110,000. Compute net income, and expenses. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) C S 20 75 The total assets and liabilities of Company at January 1 and December 31, 2022 are presented below. Assets Liabilities January 1 $95,000 30,000 December 31 $140,000 36,000 Assume dividends of $10,800 were paid and no additional stock was issued during the year. Revenues were $110,000. Compute net income, and expenses. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) C S 20 75