Question: answer the following questions The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then
answer the following questions

The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each rm. Total assets, 12/31/19 $ 417,000 $ 539,000 $ 332,000 Total liabilities, 12/31/19 209,000 131,000 - Paid-in capital, 12/31/19 78,000 - 45,000 Retained earnings, 12/31/19 -_- Net income for 2019 -_m Dividends declared and paid during 2019 Retained earnings, 1/1/19 79,000 -_
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