Brief Exercise 1-29 Relationships among the Financial Statements Objective 8 Balance Sheet: Retained Earnings Listed below are three independent scenarios. Balance Sheet: Income Statement: Scenario Retained Earnings Net Income $30,000 $25,000 30,000 50,000 $ (a) 94,000 70,000 Required: Compute the missing amount in each row. Assume no withdrawals or dividends. Exercise 1-53 Relationships Among the Financial Statements Objective 8 During 2019, Moore Corporation paid $20,000 of dividends. Moore's assets, liabilities, and common stock at the end of 2018 and 2019 were: Total assets Total liabilities Common stock 12/31/2018 $152,200 56,600 12/31/2019 $171,800 63,750 60,000 60,000 Required: Using the information provided, compute Moore's net income for 2019