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Finish attempt. Question 2 Answer saved Marked out of 1.00 P Flag question Determining Retained Earnings and Net Income The following information appears in the records of Bock Corporation at year-end: Accounts Receivable $23.000 Retained Earnings $? Accounts Payable 11.000 Supplies Cash 8.000 Equipment, net 138.000 Common Stock 60.000 9.000 a. Calculate the balance in Retained Earnings at year-end. $0 b. If the amount of the retained earnings at the beginning of the year was $30,000 and $12.000 in dividends is paid during the year, calculate net income for the year. $0 Previous Save Answers
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