Response to the following problem:
One item is omitted from each of the following summaries of balance sheet and income statement data for four different corporations, O, P, Q, and R.
O P Q R
Beginning of the year:
Assets $300,000 $190,000 $100,000 (d)
Liabilities 195,000 90,000 80,000 $450,000
End of the year:
Assets $675,000 $250,000 $120,000 $930,000
Liabilities 375,000 70,000 105,000 510,000
During the year:
Additional issue of
capital stock (a) $ 44,000 $ 10,000 $150,000
Dividends $ 30,000 16,000 (c) 225,000
Revenue 187,500 (b) 175,000 420,000
Expenses 135,000 104,000 177,000 480,000
Determine the amounts of the missing items, identifying them by letter. (Suggestion: First determine the amount of increase or decrease in stockholders' equity during the year.)