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, 2019, balance sheets and income statements for the year then ended for three firms Required: Calculate the missing amounts for each firm. Firm Firm A Firm B S 407,000 $ 534,000 TOULASSES 12/31 $ 335.000 Total liabilities 12/31/10 136,000 211.000 70,000 Paid in capital 12/31/10 37.000 ained earnings. 12/31/10 Neringome for 2010 307.000 74.000 23,000 116.000 45.000 Dividends declared and paid during 2019 Retained earnings 11:10 63.000 46.000 73,000

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