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 Total liabilities, 12/31/19 96,000 $ 522,000 $ 624,000 246,000 S Paid-in capital, 12/31/19 66,000 70,800 168,000 Retained earnings, 12/31/19 223,200 Net income for 2019 81,600 132,000 97,200 Dividends declared and paid during 2019 14,400 33,600 Retained earnings, 1/1/19 60,000 148,800