Required: -. Calculate the difference between current assets and current liabilities for Gary's TV at December 31, 2019 b. Calculate the total assets at December 31, 2019. c. Calculate the earnings from operations (operating income) for the year ended December 31, 2019. d. Calculate the net income (or loss) for the year ended December 31, 2019. e. What was the average income tax rate for Gary's TV for 2019? f. If $32,000 of dividends had been declared and paid during the year, what was the January 1,2019 , balance of retained earnings