Compute the missing information in each of the four independent cases below.The letters in parentheses refer to the following:

\begin{array}{ll}\text { BS } & \text { - Balance sheet } \\\text { IS } & \text { - Income statement } \\\text { SCF } & \text { - Statement of cash flows }\end{array}

\begin{array}{ll}\text { Accounts Receivable, Jan. 1, Year 2 (BS) } & \$ 500 \\\text { Sales on Account for Year 2 (IS) } & 1900 \\\text { Collections from Customers on Account during Year 2 (SCF) } & 1,350 \\\text { Accounts Receivable, Dec. 31, Year 2 (BS) } & -?-\end{array}

\begin{array}{ll}\text { Salaries Payable, Jan. 1, Year 2 (BS) } & \$ 175 \\\text { Salary Expense for Year 2 } & -?- \\\text { Payments to Salaried Employees during Year 2 (SCF) } & 725 \\\text { Salaries Payable, Dec. 31, Year 2 (BS) } & 100\end{array}

\begin{array}{ll}\text { Equipment (net of depreciation), Jan. 1, Year 2(BS) } & \$ 900 \\\text { Depreciation Expense for Year 2 (IS) } & -?- \\\text { Sales of Equipment during Year 2 (SCF) } & -0- \\\text { Acquisition of Equipment during Year 2 (SCF) } & 330 \\\text { Equipment (net of depreciation), Dec. 31, Year 2 (BS) } & 910\end{array}

\begin{array}{ll}\text { Retained Earnings, Jan. 1, Year 2 (BS) } & \$ 1,550 \\\text { Net Income for Year 2 (IS) } & 400 \\\text { Dividends Declared and Paid during Year 2 (SCF) } & -?- \\\text { Retained Earnings, Dec. 31, Year 2 (BS) } & 1,350\end{array}

Who Provides an Opinion That Reflects Their Professional Conclusions Regarding

Multiple Choice