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The information presented here represents selected data from the December 31, 2019, balance sheets and Income statements for the year then ended for three

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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, 1/1/10 Firm A Firm B Firm C $409,000 $542,000 $ 319,000 210,000 139,000 82,000 77,000 36,000 128, 000 305,000 101, 000 93,000 119,000 41,000 27,000 61,000 73,000 380, 000 47,000

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