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.

	Firm A	Firm B	Firm C
Total assets, 12/31/19		$348,000	$416,000
Total liabilities, 12/31/19	64,000		164,000
Paid-in capital, 12/31/19	44,000	47,200	112,000
Retained earnings, 12/31/19		148,800
Net income for 2019	54,400	88,000	64,800
Dividends declared and paid during 2019	9,600		22,400
Retained earnings, 1/1/19	40,000	99,200