Question: In Treys December 31, 2011 balance sheet, what amount should be reported as total retained earnings? a. $1,029,000 b. $1,200,000 c. $1,330,000 d. $1,630,000

In Trey’s December 31, 2011 balance sheet, what amount should be reported as total retained earnings?

a. $1,029,000

b. $1,200,000

c. $1,330,000

d. $1,630,000

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