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Selected amounts from the condensed financial statements of Timson Corporation for 2012 and 2013 are presented below with several amounts missing. The 2011 year-end balance

Selected amounts from the condensed financial statements of Timson Corporation for 2012 and 2013 are presented below with several amounts missing. The 2011 year-end balance of retained earnings is $82,883.

Income Statement

2013

2012

Revenues

$490,304

$ (a)

Costs and expenses

(h)

(501,295)

Income taxes

(853)

(3,603)

Net income

$__ (i)

$ _ _(b)

Statement of Retained Earnings

Beginning-of-year balance

$ (j)

$ (c)

Net income

3,747

(d)

Dividends

(k)

(3,845)

End-of-year balance

$ (l)

$_ _ (e)

Balance Sheet

Total assets

$ (m)

$246,481

Total liabilities

$110,192

$102,239

Common stock

57,968

56,800

Retained earnings

(n)

$ (f)

Total liabilities and stockholders' equity

$255,473

$ (g)

a. Determine the missing amounts indicated by the letters. (Hint: You should not try to find them in alphabetical order.)

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