The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Colaw Corporation and Hunter Enterprises, are presented on the next page for 2014.

Instructions
Determine the missing amounts. Assume all changes in stockholders’ equity are due to changes in retainedearnings.

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Colaw Corporation Hunter Enterprises $150,000 70,000 180,000 Beginning of year Total assets Total liabilities Total stockholders' equity $110,000 70,000 End of year Total assets Total liabilities Total stockholders' equity 120,000 60,000 55,000 Changes during year in retained earmings Dividends Total revenues Total expenses 5,000 215,000 165,000 80,000