Business, 18.06.2020 15:57, cierramcdonald

For the year ending December 31, 2020, Monty Corp. reports net income $130,000 and cash dividends $81,000. Determine the balance in retained earnings at December 31 assuming the balance in retained earnings on January 1, 2020, was $215,000. (List items that increase retained earnings first.)

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For the year ending December 31, 2020, Monty Corp. reports net income $130,000 and cash dividends $8...