Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2022, Pina Colada Corp. and Pina Colada Enterprises.
Determine the missing amounts.
Pina Colada Corp.
Pina Colada Enterprises
Beginning of year:
Total assets: $124,160, $165,120
Total liabilities: $108,800
Total stockholders' equity: $96,000
End of year:
Total assets: $204,800, $230,400
Total liabilities: $153,600, $64,000
Total stockholders' equity: $51,200, $166,400
Changes during year in stockholders' equity:
Additional investment: $32,000
Dividends: $30,720
Total revenues: $275,200, $128,000
Total expenses: $224,000, $70,400