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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. 111 points eBook Firma Print References 56,000 38,500 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 Firm B Firm $ 304,500 $ 364,000 143,500 41,300 98,000 130,200 77,000 56,700 19,600 86.800 47.600 8.400 35,000

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