Chapter 6, Problem 6.20BE

Financial Statement Articulation. Complete the following financial statement articulation exercises.

1. a. If net income is $40,000 and comprehensive income is $32,000, what is other comprehensive income (loss)?
2. b. If ending retained earnings is $76,000, beginning retained earnings is $42,000, and net income is $40,000, what is the amount of dividends declared?
3. c. If ending retained earnings is $34,000, beginning retained earnings is $42,000, and dividends declared is $3,000, what is net income (loss)?
4. d. If ending retained earnings is $76,000, net income is $40,000 and dividends declared is $10,000, what is the amount of beginning retained earnings?
5. e. If the beginning balance of cash was $96,000 and the ending balance of cash is $128,000, what is the net change in cash?
6. f. If the beginning balance of cash was $128,000 and the ending balance of cash is $96,000, what is the net change in cash?