Roam Corp. began 2010 with retained earnings of $210 million. Revenues during the year were $380 million

Question:

Roam Corp. began 2010 with retained earnings of $210 million. Revenues during the year were $380 million and expenses totaled $250 million. Roam declared dividends of $43 million. What was the company’s ending balance of retained earnings? To answer this question, prepare Roams statement of retained earnings for the year ended December 31, 2010, complete with its proper heading.