The records of Mercier Company how the following at December 31, 2016: Click the icon to view the data) Requirements 1 Compute the missing out for Mercier Company. You will need to determine Retained Enrings, December 31,2016, and total stockholders' equity 2 Did Mercieron a netcome or sufera e anellons for the year? Compute the amount Requirement 1. Compute the main out for Mercier Company. You will need to determine Retained Earings, December 31,2016, and total stockholders' equity Begin by determining total sockholders equity. Rework to conting equation and then solve for locked egy l'equity at the beginning and end of the period. Equity Beginning Ending dentify the forma and then selve for the retained carings balance at the end of the period Data Table Ending retained earnings Rearrage the formats comple the change in retained carings and resolve for the missing expense amount for More Company Ending and wings Beginning Equity $68.000 Common Stock 37000 Dividende $ 12.000 Ending 6,000 245.000 2 Requirement. Dd Mercierown are income or ser a mess for the year Compute the amount Merily the tumul and then we were income or loss for the period of parentheses for a.) Net income $ 60.000 Expenses 34000 Retained Eaming Jan. 2018 Les 19.000 Print Done Choose from any list or enter any number in the routes and the continue to the next question Save for later