The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/19 Total liabilities, 12/31/19 Paid-in capital, 12/31/19 Retained earnings, 12/31/19 Net income for 2019 Dividends declared and paid during 2019 Retained earnings, 1/1/19 Firm A Firm B Firm C $ 120,500 $ 217,500 $ 260,000 40,000 102.500 27,500 29,500 70,000 53,000 93,000 34,000 55,000 40,500 6,000 14,000 25,000 62,000