Question: Compute the missing amounts in the table below: Year 1 Year 2 Total assets $85,000 B Common stock A $3,600 Retained earnings $8,400 $18,800 Total

  • Compute the missing amounts in the table below:

Year 1

Year 2

Total assets

$85,000

B

Common stock

A

$3,600

Retained earnings

$8,400

$18,800

Total liabilities

$62,600

$36,000

Liabilities and equity

$85,000

$58,400

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