Determine the missing amounts. (Hint: For example, to solve for (a), Assets-Liabilities = Stockholders' Equity $32,500.) Riverbe
d Company Tamarisk Company Michelangelo Company Raphael Company January 1, 2019 Assets $97,500 $143,000 156000 (g) 195,000 Liabilities 65,000 65000 (d) 97,500 65000 0 Stockholders' equity 32500 (a) 78,000 58,500 130,000 December 31, 2019 286000 (k) 104,000 182,000 Assets 123500 (b) 178,100 260,000 Liabilities 71,500 97,500 91000 (h) Stockholders' equity 52,000 80600 (e) 169,000 Stockholders' equity changes in year Additional investment Dividends Total revenues Total expenses 19,500 13,000 650,000 604500 () 19,500 13,000 18,200 560300 i) 444,600 6500 (c) 62400 (f) 13,000 455,000 429,000 546,000 500,500
Prepare the retained earnings statement for Tamarisk Company. Assume beginning retained earnings was $26,000. (List items that increase retained earnings first.) Tamarisk Company Retained Earnings Statement December 31, 2020 Retained Earnings, January 1 Add Net Income / (Loss) 26000 Less | ▼- Dividends Retained Earnings, December 31
