*Exercise 1-16 The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presented as follows for 2017. Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Walco Corporation Gunther Enterprises Beginning of year Total assets $110,000 $150,000 Total liabilities 70,000 Total stockholders' equity 70,000 End of year Total assets (6) 180,000 55,000 Total liabilities 120,000 60,000 Total stockholders' equity Changes during year in retained earnings Dividends 5,000 Total revenues 215,000 Total expenses 165,000 80,000 Question Attempts: 0 of 3 used