On 2010 December 31, Perez Company hadassets of USD 150,000,liabilities of USD97,500, and capital...

On 2010 December 31, Perez Company hadassets of USD 150,000,liabilities of USD97,500, and capital stock of USD 30,000. During 2011, Perez earned revenues of USD 45,000 andincurredexpenses of USD 33,750. Dividends declared and paid amounted to USD 3,000