Use the following Adjusted Trial Balance FOR THE YEAR ENDED APRIL 30, 2019 to complete the Income Statement, Statement of Stockholders' Equity, and Balance Sheet for Use the $ dollar sign convention on all statements M4 Engineering Debit Credit Cash 50,000 Accounts Receivable 45,000 Prepaid Advertising 25,000 Computers 100,000 Accum. Depreciation 24,000 Accounts Payable 50,000 Wages Payable 1,000 Common Stock 25,000 Retained Earnings 70,000 Dividends 15,000 Fees Earned 120,000 15,000 Supplies Expense Advertising Expense 30,000 Depreciation Expense 10,000 Total 290,000 290,000

The following selected account balances were taken from ABC Company'sgeneral ledgers for 2025:January 1, 2025 December 31, 2025 Accounts payable 49,000 53,000 Cash 35,000 38,000Common stock 46,000 76,000Land 27,000 64,000 Notes payable 45,000 40,000Retained earnings ? 29,000The following information was taken from ABC Company's 2025 incomestatement:Total revenues 500,000Total expenses <430,000>Net income 70,000The following information was taken from ABC Company's 2025 cashflow statement:Net cash flow from operating activities 93,000Net cash flow from investing activities <60,000>Net cash flow from financing activities <30,000>Net change in cash 3,000Calculate the balance in the retained earnings account at January 1, 2025.

compute the amount of stock issuance for December 2019 assets 85000. liabilities 24000. net income 14000. cash dividends 0.  December 2018 assets 60,000. liabilities 40,000

The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses. Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds $852,000 27,000 7,400 12,000 42,000 $3,006,000 1,944,000 1,062,000 940, 400 $ 121,600 VIRTUAL GAMING SYSTEMS Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Balance Sheets December 31 2021 $180,000 75,000 99,000 11,400 99,000 204,000 264,000 (63,000) $869,400 $ 60,000 4,800 12,000 279,000 294,000 219,600 2020 $138,000 54,000 129,000…