Domino, Inc., had the following information reported. From these data, determine the amount of:
1. Capital stock at December 31, 2002.
2. Retained earnings at December 31, 2003.
3. Revenues for the year 2003.
|
37,621 |
37,986 |
|
|
Total assets. . |
$250,000 |
$300,000 |
|
Total liabilities . |
$60,000 |
$70,000 |
|
Capital stock |
? |
$50,000 |
|
Retained earnings |
150,000 |
? |
|
Revenues for 2003 |
? |
|
|
Expenses for 2003 |
205,000 |
|
|
Dividends paid during 2003. |
$5,000 |
|