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 Walco Corporation Gunther Enterprises Beginning of year Total assets $116,000 $144,000 Total liabilities 60.000 $ Total stockholders' equity (a) 69.100 End of year Total assets 176.000 (b) 51,000 Total liabilities 115.000 53,200 $ Total stockholders' equity Changes during year in retained earnings Dividends 212.000 S Total revenues 166,000 Total expenses a ** Cullumber Company was formed on January 1, 2022. At December 31, 2022. Miko Liu, the president and sole stockholder, decided to prepare a balance sheet, which appeared as follows. Cullumber Company Balance Sheet December 31, 2022 Liabilities and Stockholders' Equity Assets Cash $20.500 Accounts payable $32.600 Accounts receivable 47.000 Notes payable 16.100 Inventory 36.000 Boat loan 17.300 Boat 23.500 Stockholders' equity 61.000 Miko willingly admits that she is not an accountant by training. She is concerned that her balance sheet might not be correct. She has provided you with the following additional information. 1. The boat actually belongs to Miko, not to cullumber company. However, because she thinks she might take customers out on the boat Occasionally, he decided to list it as an asset of the company to be consistent, she also listed as a bility of the corporation her personal loan that she took out at the bank to buy the boat. 2. The inventory was originally pu e do 52-300. but gue to a surge in demand Mikonow think she could 35000. She thought it would be best to record it at $36.000 3. Included in the accounts receivable balance is 59.400 that Mikoloaned to her brother 5 years ago. Mi included this in the receivables of Cumber company wouldnt one that her brother owes her money WP Provide a corrected balance sheet for Cullumber Company. (Hint: To get the balance sheet to balance, adjust stockholders' equity assets in order of liquidity) CULLUMBER COMPANY Balance Sheet Account Dashboard Assets Co Calendar FE Into Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity