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Solve for missing amounts! (Highlighted in yellow)thanks so much! ...

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Accounting

Solve for missing amounts! (Highlighted in yellow)
thanks so much!
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Nm 2 Presented below are incomplete financial statements for Marta Communications Company. 3 4 Required: 5 Solve for the missing amounts. 6 Note: When an amount on one financial statement is again shown on another statement, you MUST reference the cell from the 7 earlier statement rather than calculate the amount, thus indicating the relationship between the two statements. 8 9 (All formulas must return positive values.) 10 11 MARTA COMMUNICATIONS Company 12 Income Statement 13 For the Month Ended March 31 14 Sales Revenues $34,500 15 Expenses: 16 Rent Expense 2,600 17 Wages Expense 18 Utilities Expense 4,800 19 Income Tax Expense 20 Net Income $4,100 21 22 MARTA COMMUNICATIONS Company 23 Statement of Owners' Equity 24 For the Month Ended March 31 25 Marta, Capital, March 1 SO 25 Add: Net income 27 Subtract: Owner Withdrawals (500) 28 Marta, Capital, March 31 800 MARTA COMMINICATIONS Company Balance Sheet At March 31 Liabilities $3,400 Accounts payable $20,800 Assets Cash Accounts receivable Office Supplies Land Total Assets 2,300 Owners' Equity 12,000 Marta, Capital Total Liabilities and Owners' Equity

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