You Answered Question 50 0/1 pts In 2021, a company reported net income of $58,000...

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Accounting

You Answered Question 50 0/1 pts In 2021, a company reported net income of $58,000 and paid dividends of $5,000. At the beginning of 2021, the balance in Retained earnings was $134,000. What is the ending balance in the Retained earnings account after closing entries are recorded in 2021? Enter your answer without dollar signs (e.g., 5,000 or 5000). 71,000 Correct Answers 187,000 (with margin: 0)

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