Reference no: EM132475279

Financial statement information about four different companies is as follows.

Question 1: Determine the three missing amounts:

Question 2: Find Company Two's Drawings (A), Company Three's Total Revenues (B), and Company Fours Total expenses (C) to complete the problem. Must show work on how to get the answers.

                                     Company 1                      Company 2                      Company 3                    Company 4

January 1, 2010

Assets                          $80,140                            $90,490                    $31,050                         $155,100

Liabilities                       48,260                              50,300                   78,690                              63,220

Owner's equity             31,880                                 40,190                   47,640                             91,880

December 31, 2010

Assets                         12,240                                107,600                   170,000                          52,800

Liabilities                     60,310                                  72,700                      88,700                         105,600

Owner's equity               48,070                                34,900                     81,300                           158,400

Owner's equity changes in year

Additional investment       14,790                                     8,430                        10,550                       13,610

Drawings                         14,900                                   __A__                         12,040                        10,880

Total Revenues               350,900                                409,100                             __B__                        485,900

Total expenses                   334,600                           382,300                              342,400                         __C__