Question: 1 0 ) Art Levinsen Corp. projects its 2 0 X 4 net income at $ 8 1 0 , 0 0 0 , and

10) Art Levinsen Corp. projects its 20X4 net income at $810,000, and plans to declare dividends of $65,000. What is the projected balance in Retained Earnings at 12/31/20X4? HINT: see Retained Earnings at 12/31/20X3. a.3,489,613 b.4,169,613 c.4,299,613 d. None of the above

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