The information presented here represents selected data from the December 31, 2013, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/13 Total liabilities, 12/31/13 Paid-in capital, 12/31/13 Retained earnings, 12/31/13 Net income for 2013 Dividends declared and paid during 2013 Retained earnings, 1/1/13 Firm A 160,000 110,000 136,000 24,000 100,000 Firm B $ 870,000 118,000 372,000 220,000 248,000 Firm C $ 310,000 150,000 90,000 51,000 33,000

The information presented here represents selected data from the December 31, 2013, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm