Requirement 1. Compute the missing amount for Felix Company. You will need to determine Retained Earnings, December 31, 2024, and total stockholders' equity, December 31,2024. Begin by determining total stockholders' equity. Rework the accounting equation and then solve for stockholders' equity ("equity") at the beginning and end of the period. Equity - Data Table Beginning Ending Assets & Liabilities: Equity: Common Stock $ Requirements 11,000 Beginning: Assets $ 67,000 Dividends 8,000 Liabilities 11,000 Revenues 205,000 ? Ending: Assets 1. Compute the missing amount for Felix Company. You will need to determine Retained Earnings, December 31,2024, and total stockholders' equity, December 31, 2024. 2. Did Felix earn a net income or suffer a net loss for the year? Compute the amount. 45,000 Expenses $ 46,000 Retained Earnings, January 1, 2024 34,000 Liabilities Print Done Done Print Done Choose from all