Question: 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

 The information presented here represents selected data from the December 31,

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 56.000 38.500 Total assets, 12/31/19 Total liabilities, 12/31/19 Paid in capital, 12/31/19 Retained oamings, 12/31/19 Net income for 2019 Dividends declared and paid during 2019 Retained earrings, 11/19 Firm B Firm $ 304,500 $364,000 143,500 41,300 98,000 130,200 77.000 56.700 19.000 30.800 47.800 8.400 35.000

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