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1 0.83 points Skipped The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year

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1 0.83 points Skipped The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/19 Firm A Firm B Firm C $ 261,000 $ 312,000 Total liabilities, 12/31/19 48,000 123,000 eBook Paid-in capital, 12/31/19 33,000 35,400 84,000 Retained earnings, 12/31/19 111,600 14 Net income for 2019 40,800 66,000 48,600 Print Dividends declared and paid during 2019 7,200 16,800 Retained earnings, 1/1/19 30,000 74,400 References

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