An analyst has compiled the following information regarding Rubsam, Inc. Liabilities at year-end € 1,000 Contributed capital at year-end € 500 Beginning retained earnings € 600 Revenue during the year € 5,000 Expenses during the year € 4,300 Th ere have been no distributions to owners. Th e analyst’s most likely estimate of total assets at year-end should be closest to: B . €2,300.

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An analyst has compiled the following information regarding Rubsam, Inc. Liabilities at year-end € 1,000 Contributed capital at year-end € 500 Beginning retained earnings € 600 Revenue during the year € 5,000 Expenses during the year € 4,300 Th ere have been no distributions to owners. Th e analyst’s most likely estimate of total assets at year-end should be closest to: B . €2,300.

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