Accounting

The information presented here represents selected data from the December 31, 2013, balance sheets and income statements for the yearthen ended for three firms.Required:Calculate the missing amounts for each firm.Firm A Firm B Firm CTotal assets, 12/31/13 $420,000 $531,000 $333,000Total liabilities, 12/31/13 216,000 134,000 XPaid-in capital, 12/31/13 78,000 X 31,000Retained earnings, 12/31/13 X 302,000 XNet income for 2013 102,000 82,000 114,000Dividends declared and paid during 2013 52,000 25,000 69,000Retained earnings, 1/1/13 76,000 X 51,000