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 abilities, 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 FirmA Firm B Firm 5 404,000 5 542,000 $ 324.000 212,000 134,000 83.000 38,000 305,000 90.000 116.000 46,000 22.000 70,000 81,000 51,000 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 ces 120,000 82.500 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 B Firm $ 652,500 $ 780.000 307,500 88.500 210,000 279,000 165,000 121.500 42.000 186,000 102,000 18,000 75.000