1.2 1. Fill in the gaps with the missing amounts in the representative letter for each company. 2. At the end of the year, which company has the highest net income? Which company has the highest percentage of net income to revenue? Hint: A statement of retained earnings will help you with your calculations. Example of your answer: $30 (40-20+10=30) Alpha Beta Delta Beginning Assets $78 $30 F Liabilities 47 19 $2 Common shares 16 Retained earnings A 2 10 3 Ending Assets B $48 $9 Liabilities 548 30 G Common shares 6 2 Retained earnings 27 D 4 Dividends 2 10 Income Statement Revenues $216 E $20 Expenses 211 $14419 Net Income Missing Amount A Solution $ B S C $ D IS E 15 F G 15 The company with the highest net income is