These questions are based on the following information compiled for our company at the end of the current year:

Cash $2,000

Accounts receivable $3,050

Equipment $100

Vehicle $4,000

Accounts payable $1,000

Unearned revenue $1,500

Common stock $1,000

Retained earnings $4,150 (Balance as of January 1 of the current year)

Dividends $500

Service revenue $4,000

Salaries expense $1,500

Rent expense $300

Advertising expense $200

Calculate the dollar amount for net income on our current year's income statement (December 31).

[ Select ]

["$1,500", "$2,000", "$2,500", "$4,000"]

Calculate the dollar amount for retained earnings on our balance sheet at the end of the current year (December 31).

[ Select ]

["$4,150", "$6,150", "$5,650", "$7,650"]

Calculate the dollar amount for total assets on our balance sheet at the end of the current year (December 31).

[ Select ]

["$9,150", "$7,100", "$6,100", "$10,150"]