Net Income (or Loss) and Retained Earnings The following information is available from the records of Green Thumb Enterprises at the end of the year Required: Use the above information to answer the following questions. What is Green Thumb’s net income for the year? $ What is Green Thumb’s Retained Earnings balance at the end of the year? $ What is the total amount of Green Thumb’s assets at the end of the year? $ What is the total, amount of Green Thumb’s liabilities at the end of the year? $ How much owners’ equity does Green Thumb’s have at the end of the year? $
