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Use the following to answer questions 15 - 19 TIM Property Management had the following...

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Accounting

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Use the following to answer questions 15 - 19 TIM Property Management had the following account balances at the end of December Accounts Beginning Retained earnings Land/Building Utilities expense Dividends Cash Salaries expense Common stock Supplies Service revenue Accounts payable Long term debt Balances $685,000 ? 26,000 125,000 150,000 526,000 750,000 3,000 800,000 42,000 450,000 15. S What were total expenses for the year? 16. $. Calculate their net income for the year, 17. $. Calculate their ending balance in Retained Earnings. 18. $ What is their balance in stockholder's equity on 12/31 19. $ What is the balance of the Land/Building account

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