Question: The information presented here represents selected data from the December 31, 2022, balance sheets and income statements for the year then ended for three firms.

The information presented here represents
The information presented here represents selected data from the December 31, 2022, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Total assets, 12/31/22 $ 403,0000 $ 541,0000 $ 334,000 Total liabilities, 12/31/22 211,000 148,000 aPaid-in capital, 12/31/22 85,000 74,000 46,000 gRetained earnings, 12/31/22 319,000 (6,000) 3 Net income for 2022 86,000 111,000 {Dividends declared and paid during 2022 55,000 27,000 68,000: Retained earnings, 1/1/22 83,000 378,000 37,000

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