MC Qu 279 Tiptoe Shoes had annual revenues of Tiptoe Shoes h

MC Qu. 279 Tiptoe Shoes, had annual revenues of Tiptoe Shoes, hadarvual revenues of S204000. expenses or sn2oo, of $316,000. The ending netained earnings balance aher closing is and pad didends of $25600 during the dune t yeat The recaned ear w?accare seere oong had aane $2SSOOda?hea yen 204000 5301.09 7 2 2 command ootion option command

Solution

Answer is $ 381200 Explanation: Beginning balance of retained earning 316000 Add: Net income (204000-113200) 90800 406800 Less: Diviidend paid 25600 Ending balance of Retained earnings 381200