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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.

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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. X Answer is not complete. Firm B Firm C $ 332,000 $ 542,000 Firm A $ 409,000 206,000 85,000 140,000 32,000 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, 1/1/19 118,000 315,000 91,000 13,000 111,000 72,000 59,000 78,000 33,000

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