Question
10 points Exercise 2-12 (Algo) Understanding financial statement relationships LO 2-2, 2-3 The information presented here represents selected data from the December 31, 2022,
10 points Exercise 2-12 (Algo) Understanding financial statement relationships LO 2-2, 2-3 The information presented here represents selected data from the December 31, 2022, balance sheets and Income statements for the year then ended for three firms. Required: eBook Calculate the missing amounts for each firm. Print Firm A Firm B Firm C References Total assets, 12/31/22 $ 391,500 S 468,000 Total liabilities, 12/31/22 72,000 184,500 Paid-in capital, 12/31/22 49,500 53,100 126,000 Retained earnings, 12/31/22 167,400 Net income for 2022 61,200 99,000 72,900 Dividends declared and paid during 2022 10,800 25,200 Retained earnings, 1/1/22 45,000 111,600
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