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please provide steps and calculations in detail, thank you A & R Problem 12-1 Fargo Inc. showed the following profit statement information for its first

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A \& R Problem 12-1 Fargo Inc. showed the following profit statement information for its first thrae vase af anarariane: Partial information regarding Fargo's equity for the past three years follows: "issued on January 1, 2022. "Cash dividends of $100,000 were declared and paid for the year ended DeC. 31, 2022. Dividends were not declared for the years ended Dec. 31, 2023, or Dec. 31, 2024. Required 1. Calculate Gross Profit, Operating Profit, Profit Before Tax, and Profit for the years ended December 31, 2022, 2023, and 2024. 2. Calculate Contributed Capital as at December 31, 2022, 2023, and 2024. 3. Calculate Retained Earnings as at December 31, 2022, 2023, and 2024. 4. Calculate Total Equity as at December 31, 2022, 2023, and 2024

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