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  1. business
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  3. consider the following. year 3 year 2 year 1 total

Consider the following. Year 3 Year 2 Year 1 Total Assets $1,040,000 $910,000 $765.000 Total...

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Accounting

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Consider the following. Year 3 Year 2 Year 1 Total Assets $1,040,000 $910,000 $765.000 Total Liabilities $230,000 $140,000 $15.000 Retained Earnings $210,000 $175,000 $150,000 Common Stock $600,000 $600,000 $600,000 Par Value of Common Stock $2.00 $2.00 $2.00 Net Income B $29.000 $20,000 Dividends (Common Stock) $3,000 A $2,000 Dividends (Pfd Stock) $2,000 $2.000 $1,500 Use the information above. Calculate the values for (A) and (B), Select one: O a. A = $2,000 and B = $48,000, respectively O bA= $4.000 and B = $48,000, respectively O C.A= $2,000 and B = $40,000, respectively O d. A = $4,000 and B = $40,000, respectively O e. none of the above are accurate reflections of the respective values of (A) and (8) 2

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