The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Walco Corporation and Gunther Enterprises, are presented as follows for 2022. 

Instructions 

Determine the missing amounts. Assume all changes in stockholders’ equity are due to changes in retained earnings.

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Gunther Enterprises Walco Corporation Beginning of year Total assets $110,000 $150,000 Total liabilities (d) 70,000 Total stockholders' equity Endof year (a) 70,000 (b) Total assets 180,000 Total liabilities 55,000 120,000 (e) Total stockholders' equity Changes during year in retained earnings 60,000 Dividends (c) 215,000 165,000 5,000 Total revenues (f) Total expenses 80,000