8. Compute the missing amounts in the table below: ...

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Accounting

8. Compute the missing amounts in the table below:

Year 1

Year 2

Total assets

$62,500

(a)

Common stock

(b)

$12,400

Retained earnings

$4,200

$9,400

Total liabilities

$31,300

$18,000

Total liabilities and stockholders equity

$62,500

$39,800

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