Current Attempt in Progress Summaries of selected data from the financial statements of two corporations follow. Both companies have just completed their first year of operations. Determine the missing amounts for [1] to [12]. Note that you may not be able to solve the items in numerical order. Blossom Inc. Ayayai Inc. Income statement Total revenues $940,000 $ 171 111 250,000 50,000 100,000 Total expenses Net income Statement of changes in equity Total shareholders' equity, beginning of year Common shares, beginning of year Issue of shares 0 0 0 0 110,000 [8] 2) 40,000 0 0 [3] 191 141 10,000 Common shares, end of year Retained earnings beginning of year Net income Dividends declared Retained earnings, end of year Total shareholders equity, end of year Statement of financial position Total assets Total liabilities Total shareholders' equity 46,000 151 40,000 [101 1.140,000 984,000 161 140,000 1121 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit