Summaries of selected data from the financial statements of two corporations follow. Both companies have just completed their first year of operations

Instructions
Determine the missing amounts for [1] to [12]. Note that you may not be able to solve the items in numerical order Calculate accounting equation.

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Heavy Lift Ltd. Transport Ltd Income statement Total revenues Total expenses Net income Statement of changes in equity Total shareholders' equity, beginning of year Common shares, beginning of year Issue of shares Common shares, end of year Retained earnings, beginning of year Net income Dividends declared Retained earnings, end of year Total shareholders' equity, end of year Statement of financial position Total assets Total liabilities Total shareholders' equity $[1] 1,700,0oo 1,100,000 $3,200,0oo 1,500,00o0 0 0 0 500,000 [81 0 0 200,00O 0 131 300,00o 800,000o 14] [10] 1,200,000 3,100,0oo [12] 1700,000 1,600,00o