Summarized versions of Gonzales Company's financial statements are given for 2 recent years.

Required
Complete Gonzales' financial statements by determining the missing amounts denoted by the Letters

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20X5 20X4 Income Statement $15,400 Revenues Cost of goods sold Other expenses Income before income taxes Income taxes (40% in 20X5) Net income 11,000 1,200 900 1,100 1,400 100 Statement of Retained Earnings Beginning balance n 2,700 Net income Dividends Ending balance Balance Sheet 60 50) Cash Property, plant, and equipment Other assets 1,700 10,100 $12,870 1,500 Total assets Liabilities: Current liabilities Notes payable and long-term debt..2,500 Other liabilities $ 5,400 3,100 70 70 $8,300 Total liabilities $ Shareholders' Equity: $ 100 Ll 180 $ 100 Common s Retained earnings Other shareholders' equity 250 4,300 Total shareholders' equity Total liabilities and shareholders' equity .. Statement of Cash Flows Net cash provided by operating activities.$ x Net cash provided by investing activities. Net cash used for financing activities.. 60 700) 310 $ 500 400 (1,000) Increase (decrease) in cash Cash at beginning of year Cash at end of year 1,170