Use financial statement relationships to determine missing amounts.

(LO 3)

E1-12BThe summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Yeagen Corporation and Williams Enterprises, are presented below for 2014.

	Yeagen	Williams
	Corporation	Enterprises
Beginning of year
Total assets	$140,000	$230,000
Total liabilities	24,000	(d)
Total stockholders equity	(a)	100,000
End of year
Total assets	(b)	280,000
Total liabilities	24,000	140,000
Total stockholders equity	136,000	(e)
Changes during year in retained earnings
Dividends	(c)	10,000
Total revenues	300,000	(f)
Total expenses	200,000	100,000

Instructions

Determine the missing amounts. Assume all changes in stockholders equity are due to changes in retained earnings.