Apply the accounting equation; evaluate business operations) Compute the missing amount (?) for each company. (Amounts are in millions.)

At the end of the year, which company had the
■ highest net income?
■ highest percent of net income to revenues?

Kennedy Corp. Caring Co. Childress, Inc. Beginning $ 30 $ ? $76 Assets. Liabilities 51 21 Common stock.. Retained earnings.. 2 10 Ending $ 48 $20 Assets.. Liabilities 53 32 Common stock.. Retained earnings.. 26 Income statement $227 $22 Revenues.. 218 157 Expenses . Net income... Statement of retained earnings $ 18 $ 2 Beginning RE .. + Net income... - Dividends declared. $10 4 (1) (6) (2) $ 26 Ending RE.. $12