The records of Felix Company show the following at December 31, 2024: (Click the icon to view the data.) Requirement 1. Compute the missing amount for Felix Company. You will need to determine Retained Earnings, December 31,2024, and total stockholders' equity, December 31,2024. Begin by determining total stockholders' equity. Rework the accounting equation and then solve for stockholders' equity ("equity") at the beginning and end of the period. Identify the formula and then solve for the retained earnings balance at the end of the period. Rearrange the formula to compute the change in retained earnings and then solve for the missing expense amount for Felix Company. (Abbreviations used: Beg. retained earnings = Beginning retained earn Data table Requirements 1. Compute the missing amount for Felix Company. You will need to determine Retained Earnings, December 31,2024, and total stockholders' equity, December 31,2024. 2. Did Felix earn a net income or suffer a net loss for the year? Compute the amount