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3. Calculate missing information using knowledge of the accounting equation (1pt): Below is some selected information from the financial statements of Schrute Farms (amounts
3. Calculate missing information using knowledge of the accounting equation (1pt): Below is some selected information from the financial statements of Schrute Farms (amounts are in millions). Calculate the missing amount for Total Assets as of 12/31/21. You must show all of your work to receive full credit. Balance as of December 31,2020: Total Assets Total Liabilities Balance as of December 31, 2021: $2,695,500 $1,877,450 (OVER =>) ACCY 201 - Friday Discussion (FD) Homework #1 - 10 points Spring 2022 Deadline: you must submit this assignment electronically via Canvas using the submission link I have provided in the module by 11:59pm, Monday, 1/24. Make sure your name, your TA's name, and your discussion section time are clearly indicated on your submission to ensure you receive credit. Total Assets Total Liabilities Summary of events occurring during the year 2021: Common Stock issuances Net Income Dividends $????? $1,950,820 $25,000 $101,450 $2,800
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