Business, 18.02.2021 20:40 victoria1831

The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets = $32,000, Liabilities = ? Common Stock = $6,200:
Revenue = $13,400,
Dividends = $1,350,
Beginning Retained Earnings = $4,350
Ending Retained Earnings - $8,200
The amount of liabilities reported on the end-of-period balance sheet was:
a) $10.550
b) $17.600
c) $21.450
d) $12.550

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