Sandhill Pictures Inc. reported net income of $96,360 and declared and paid dividends of $22,320 during the year. The opening retained earnings and share capital on January 1 was $15,200 and $50,000.
a. What is Sandhill Pictures Inc.'s closing retained earnings for the year?
b. What is Sandhill Pictures Inc.'s closing share capital for the year?
c. What is Sandhill Pictures Inc.'s total revenue for the year?
d. What is Sandhill Pictures Inc.'s total expenses for the year?