Wild Animal Presentations initiated operations on July 1, 2014. To manage the company, officers and managers have requested monthly financial statements starting July 31, 2014. The adjusted trial balance amounts at July 31 are shown below. 
(a) Determine the net income for the month of July.
(b) Determine the total assets and total liabilities at July 31, 2014 for Wild Animal Presentations.
(c) Determine the amount that appears for Retained earnings at July 31, 2014.
Definitions:
Lexical Analysis
The process of converting a sequence of characters into a sequence of tokens, typically in the context of programming languages.
Creative Intelligence
The capability to create output that is simultaneously original (innovative, surprising) and suitable (beneficial, adaptable in relation to the limitations of the task).
Practical Intelligence
The ability to solve everyday problems by utilizing knowledge gained from experience in order to effectively deal with challenges and adapt to one's environment.
Spatial Intelligence
is the ability to comprehend and organize spatial relationships, enabling individuals to visualize and manipulate objects and their arrangements in space.
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