In Accounting

The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presented below for 2022. 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 $144,000 $120,000 62,000 Total liabilities $ Total stockholders' equity 75,000 End of year Total assets 178,000 Total liabilities 129,000 51,000 Total stockholders' equity 51,100 $ Changes during year in retained earnings Dividends (c) 5,400 Total revenues 219,000 $ Total expenses 160,000 82,000