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. 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 Dividends declared and paid during 2019 Retained earnings, 1/1/19 Firm A Firm B Firm C $ 406,000 $ 550,000 $ 316,000 208,000 148,000 85,000 48,000 304,000 92,000 112,000 55,000 24,000 67,000 81,000 43,000 Pray 1 of 10 Next >