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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. Total assets, 12/31/19 Total liabilities, 12/31/19 Pald-in capital, 12/31/19 Retained eamings, 12/31/19 Net Income for 2019 Dividends declared and paid during 2019 Retained earings, 1/1/19 FirmA Firm B Firm $415,000 5 542,000 $ 320,000 205,000 141,000 72,000 30,000 138,000 316.000 110,000 82,000 115,000 58,000 14,000 67,000 69,000 43,000

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