Assume that First Mortgage Company reported the following summarized data at December 31, 2014. Accounts appear in no particular order; dollar amounts are in millions.

Prepare the trial balance of First Mortgage at December 31, 2014. List the accounts in their proper order. How much was First Mortgage Company€™s net income or netloss?

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Other liabilities 2 Revenues538 Other assets.... Expenses2 6 Stockholdes equity 20 Cash 27 Accounts payable