For the fiscal year 2019, your company has total revenues of $250,000 and total expenses of $213,000. assets had a book value of $750,000, liabilities had a value of $225,000, and dividends paid to shareholders were $50,000.
create an income statement below.

Income Statement for the fiscal year ended 2019

Revenue          $250,000

Expenses  $213,000

Net Income  $37,000

Explanation:

The income statement for the year ended 2019 is made by deducting all the total expenses from revenue generated to find net income. The revenue is provided in the question which is $250,000. Total expenses are then presented in the income statement the amount is $213,000, this figure is deducted from revenue which derives the net income figure of $37,000.

a

explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.