1. Compute the missing amounts in the table below Year 2 Year 1 $187.500 Total assets Common stock Retained earnings Total abilities Total abilities and stockholders' equity $12.500 $93.900 $187.500 537200 520.00 554.000 $119.400 2. For the two unrelated situations below.compute the unknown amounts indicated by the letters (a) and (b) $42.000 551.000 24 000 58.000 Beginning Assets Liabilities Ending Assets Liabilities During the year Stock issued Revenues Dividends paid Expenses 8000 15.000 28.000 5000 16.000 4.000 45.000 3,000 37 000 3. Prepare an income statement for the month ended July 31, 2019 for Foster Toys. Foster's account balances for the month ending July 31, 2019 are: Cash $16.500 1,060 $ 20,800 57,000 6.200 58,300 140,000 Accounts receivable Office Supplies Office equipment Land Rent expense Utilities expense Salaries expense Miscellaneous expenses Retained earings. Jy1 32,000 1200 24 300 150 000 Sales Cash dividends Common stock ACCO pay 5.300 2.000 The following are selected transactions of Droman, Inc. May 10 Sold and shipped on account to yine merchandise for $2.300 rms 2/10 /30 16 Liny, Inc. reumed merchandised $800 on May 10 19 Received a check from Ureyine for m ent of the May 10 transaction Record the above transactions in generalmal om as he would appear on the books of (a) Droman Inc. and () Liny, Inc. Lily, Inc. records purchases invoice price. Both companies use the periodic Inventory system mit explanations for the journal entries