Homework Saved Help Save & Exit Sut Check my won The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/19 Total liabilities, 12/31/19 Paid-in capital, 12/31/19 Retained earnings, 12/31/19 Net income for 2019 Dividends declared and paid during 2019 Retained earnings, 1/1/19 Firm A Firm B Firm C $ 411,000 $ 536,000 $ 331,000 209,000 135,000 83,000 44,000 311,000 87,000 117,000 43,000 11,000 55,000 84,000 51,000 Prey 1 of 4 Next > O - Check my work Retained earnings, December 31, 2018 Cost of equipment purchased during 2019 Net loss for the year ended December 31, 2019 Dividends declared and paid in 2019 Decrease in cash balance from January 1, 2019 to December 31, 2019 Decrease in long-term debt in 2019 $305,300 39,000 4,95 13,200 15,000 13,300 Required: From the above data, calculate the retained earnings balance as of December 31, 2019. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2019 h a