A Summary of Selected Ledger Accounts Appear Below for F

question 25

Short Answer

A summary of selected ledger accounts appear below for F. Yanko for the current calendar year. $$\begin{array}{l}\text { F. Yanko, Capital }\\\begin{array} { l | l r } \hline 12 / 316,500 & 1 / 1 & 27,000 \\& 12 / 31 & 4,250\end{array}\end{array}$$ $$\begin{array}{l}\text { F. Yanko, Withdrawals }\\\begin{array} { l c | l l } \hline 3 / 31 & 2,000 & & \\10 / 31 & 3,00 & 12 / 31 & 6,500 \\12 / 22 & 1,500 & &\end{array}\end{array}$$ $$\begin{array}{l}\text { Income Summary }\\\begin{array} { l l | l l } \hline 12 / 31 & 12,750 & 12 / 31 & 17,000 \\12 / 31 & 4,250 & &\end{array}\end{array}$$ Answer the following questions.
1. What was the total amount of withdrawals?
2. What was the net income?
3. What was the total revenue?
4. What were the total expenses?

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