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Summaries of selected data from the financial statements of two corporations follow. Both companies have just completed their first year of operations. Determine the missing

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Summaries of selected data from the financial statements of two corporations follow. Both companies have just completed their first year of operations. Determine the missing amounts for [1] to (12). Note that you may not be able to solve the items in numerical order. Ivanhoe Inc. Bridgeport Inc. Income statement Total revenues $ 345.000 171 $970.000 830,000 (1) 130.000 280,000 45.000 0 0 0 O Total expenses Net income Statement of changes in equity Total shareholders' equity, beginning of year Common shares, beginning of year Issue of shares Common shares end of year Retained earnings, beginning of year Net income 120,000 20,000 (8) 120.000 (2) 40,000 0 0 100.000 13 45.000 191 Dividends declared 57.000 4 10.000 Retained earnings, end of year 72.000 35.000 Total shareholders equity end of year 163.000 5 55,000 1101

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