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The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presented below
The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presented below for 2022. Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Beginning of year Total assets Total liabilities Total stockholders' equity End of year Total assets Total liabilities Walco Corporation A A Total stockholders' equity Changes during year in retained earnings Dividends Total revenues Total expenses $109,000 68,000 Gunther Enterprises $150,000 (d) (a) 68,200 (b) 171,000 120,000 53,000 (e) 52,100 210,000 163,000 5.800 (c) (f) 84.000
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