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Determine the Missing Amounts for Each Independent Case Below

Question 120

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Determine the missing amounts for each independent case below.Assume the amounts given are at the end of the company's first year of operation.  Company  Total  Total  Name  Revenue  Assets  Randolph $600,000$450,000 Newman $105,000 Wiseman $190,000 Martin $180,000$215,000 VanTassel  Total  Total  Expenses  Liabilities $350,000$130,000$80,000$70,000$115,000$75,000$55,000$75,000 Net Income  Stockholders (Loss)  Equity $10,000$75,000($30,000)$100,000$19,000$79,000\begin{array}{l}\begin{array} { l } \text { Company } & \text { Total } & \text { Total } \\\text { Name } & \text { Revenue } & \text { Assets } \\\text { Randolph } & \$ 600,000 & \$ 450,000 \\\text { Newman } & \$ 105,000 & \\\text { Wiseman } & & \$ 190,000 \\\text { Martin } & \$ 180,000 & \$ 215,000 \\\text { VanTassel } & &\end{array}\begin{array} { l } \text { Total } & \text { Total } \\\text { Expenses } & \text { Liabilities } \\\$ 350,000 & \$ 130,000 \\& \$ 80,000 \\\$ 70,000 & \\\$ 115,000 & \$ 75,000 \\\$ 55,000 & \$ 75,000\end{array}\begin{array} { l } \text { Net Income } & \text { Stockholders} \\\text { (Loss) } & \text { Equity } \\\\\$ 10,000 & \$ 75,000 \\ (\$ 30,000) & \$ 100,000\\\\ \$ 19,000 &\$ 79,000 \end{array}\end{array}


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