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  3. the pawlowski company began the year with a balanc

The Pawlowski Company began the year with a balance in retained earnings of $60,000 and...

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Accounting

The Pawlowski Company began the year with a balance in retained earnings of $60,000 and 55,000 shares of $1 par common stock outstanding. during the year, the company repoted sales of $250,000, expenses of $100,000, and declared and paid a $0.40 per share cash dividend. how much is the balance in the retained earnings account at year end?
which is the answer:
$210,000
$199,000
$128,000
$188,000

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