Let's analyze the information step-by-step to find the revenue recorded in 2023.

Given Information:

• The company began business on January 1, 2022, with an investment of $X,000 from stockholders (the exact amount is missing).
• In 2023:
  • The company issued an additional $18,000 in stock.
  • Paid $3,000 in dividends.
  • Recorded $7,200 worth of expenses.
• We need to find the revenue recorded in 2023.

Important Points:

• Dividends do not affect revenue or expenses; they are distributions of profit.
• Stock issuance affects equity but not revenue.
• Expenses reduce net income.
• Revenue minus expenses equals net income (profit).

What else do we need?

To find revenue, we need either:

• Net income for 2023, or
• Change in retained earnings, or
• Some indication of profit or ending equity.

Since the initial investment amount is missing (shown as $,000), and no net income or ending equity is given, we cannot directly calculate revenue without additional information.

What can be done?

If you provide:

• The net income for 2023, or
• The ending retained earnings or equity balance, or
• The initial investment amount,

then we can calculate the revenue using the formula: Net Income = Revenue - Expenses and Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

Summary:

Item| Amount
---|---
Additional stock issued| $18,000
Dividends paid| $3,000
Expenses recorded| $7,200
Initial investment| Missing
Revenue| ?

Please provide the missing initial investment amount or net income/ending

equity to proceed with the calculation.

If you want, I can guide you through the calculation once you provide the missing data!