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Business, 15.10.2019 22:00 cpena583

The following information appears in the records of becker corporation at year-end: accounts receivable $32,000 retained earnings $ ? accounts payable 12,000 supplies 8,000 cash 7,000 equipment, net 145,000 common stock 115,000 a. calculate the balance in retained earnings at year-end. $answer b. if the amount of the retained earnings at the beginning of the year was $38,000 and $13,000 in dividends is paid during the year, calculate net income for the year.

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