The information presented here represents selected data from the December 31, 2016, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Firm B $ 542,000 136,000 Firm C $ 320,000 42.000 Total assets, 12/31/16 Total liabilities, 12/31/16 Pald-in capital, 12/31/16 Retained earnings, 12/31/16 Not income for 2016 Dividends declared and paid during 2016 Retained earnings, 1/1/16 Firm A $ 416,000 206,000 84.000 290.000 131.000 59,000 72,000 307,000 74.000 27,000 35,000 | 119.000 58,000 38,000 Hints References eBook & Resources