Question: The information presented here represents selected data from the De income statements for the year then ended for three firms. Required: Calculate the missing amounts
The information presented here represents selected data from the De income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/22 Total liabilities, 12/31/22 Paid-in capital, 12/31/22 Retained earnings, 12/31/22 Net income for 2022 Dividends declared and paid during 2022 Retained earnings, 1/1/22 $ Firm A Firm B 414,000 $ 538,000 $ 213,000 134,000 77,000 44,000 75,000 312,000 91,000 20,000 Firm C 324,000 36,000 115,000 73,000 43,000

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