Hi, I'm trying to figure out this accounting equation! Can someone explain in depth about this to demonstrate how to get the end result for this financial statement?

Question 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:

Calculate the missing amounts for each firm. There are 2 missing fields for Firm A, 1 for Firm B, and 2 for Firm C

	Firm A	Firm B	Firm C
Total assets	$419,000.00	$538,000.00	$315,000.00
Total liabilities,	$215,000.00	$133,000.00
Paid-in capital,	$88,000.00		$40,000.00
Retained earnings,		$319,000.00
Net income for		$84,000.00	$110,000.00
Dividends declared and paid during	$55,000.00	$22,000.00	$61,000.00
Retained earnings	$86,000.00		$34,000.00