Use the following information to calculate for the year ended December 31, 2022 (a) net income, (b) ending retained earnings, and (c) total assets. 
Definitions:
Idea's Benefits
The advantages or positive outcomes that result from the implementation or acceptance of a particular concept or proposal.
Everyday Practice
The routine actions or behaviors individuals engage in on a daily basis.
Creative Ideas
Novel and valuable thoughts or concepts generated to solve problems or create new opportunities.
Innovation
Innovation is the process of creating new ideas and putting them into practice.
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