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Diamond Inc. had the following equity accounts on January...

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Accounting

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Diamond Inc. had the following equity accounts on January 1, 20x Common shares (233081 issued) Retained Earnings $825,000 913749 During the year 20x3, Diamond Inc. had the following equity transactions Feb. 2 Issued 8300 common shares for $30,000 June Effected a 2-for-1 stock 30 Aug. Declared a $2.27 caslh split dividend per share to shareholders of record August 15, payable January 15, 20x4 Dec.Annual net income of $498005 What is Diamond Inc.'s ending retained earnings balance? Select one a. $863819 b. $1411754 c. $1137787 d. $315884

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