At August 1, the balance sheet accounts for Kiner's Restaurant were as follows:Accounts Payable $3,800Accounts Receivable $1,600Buildings $66,000Cash $5,000Land $33,000Common Stock ??Notes Payable $46,000Retained Earnings $45,2001. What are the total assets for Kiner’s Restaurant?$105,6002.What is the dollar amount of Common Stock?$10,6003.Finney Company began the year by issuing$40,000 of common stock for cash. Thecompany recorded revenues of $370,000,expenses of $320,000, and paid dividends of$20,000. What was Finney’s net income forthe year?a.$30,000b.$70,000c.$50,000d.$90,0004.Kilmer Corporation began the year withretained earnings of $620,000. During theyear, the company recorded expenses of$2,400,000, and paid dividends of $160,000. IfKilmer’s ending retained earnings was$660,000, what was the company’s revenuefor the
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