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 firm. Firm A Firm B Firm C Total assets, 12/31/19 Total liabilities, 12/31/19 Paid-in capital, 12/31/19 Retained earnings, 12/31/19 Net income for 2019 $ 418,000 $ 541,000 $ 333,000 220,000 138,000 80,000 41,000 314,000 90,000 118,000 58,000 23,000 58,000 69,000 49,000 Dividends declared and paid during 2019 Retained earnings, 1/1/19 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 firm. Firm A Firm B Firm C Total assets, 12/31/19 80,000 55,000 Total liabilities, 12/31/19 Paid-in capital, 12/31/19 Retained earnings, 12/31/19 Net income for 2019 Dividends declared and paid during 2019 Retained earnings, 1/1/19 $ 435,000 $ 520,000 205,000 59,000 140,000 186,000 110,000 81,000 28,000 124,000 68,000 12,000 50,000