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Problem#1 The summaries of data from the balance sheet, income statement, and retained carnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presentrd

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Problem#1 The summaries of data from the balance sheet, income statement, and retained carnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presentrd belew for 2017 Detemine the missing amounts. Assume all changes in stockholders equity are due to changes in retained earmings Problem#2 Problem#3 Problem#4 Walco Corporatio Gunther Enterprise Beginning of year Total assets $100,000 $159,000 Total liabilities 73,000 Total stockholders' equity 67,500 End of year Total assets 190,000 Total liabilities 128,000 50,000 Total stockholders' equity 54,000 Changes during year in retained earnings Dividends 4,900 Total revenues 219,000 Total expenses 167,000

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