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 $ 418,000 $ 541,000 $ 327,000 211,000 131,000 Paid-in capital, 12/31/19 89,000 40,000 Retained earnings, 12/31/19 316,000 Net income for 2019 85,000 113,000 Dividends declared and paid during 2019 51,000 24,000 64,000 Retained earnings, 1/1/19 80,000 44,000