Question: 14. please show work View Policies Current Attempt in Progress At the beginning of 2021, Sheridan Company had retained earnings of $313000. During the year

14. please show work

View Policies Current Attempt in Progress At the beginning of 2021, Sheridan Company had retained earnings of $313000. During the year Sheridan reported net income of $75300, sold treasury stock at a gain" of $26000, declared a cash dividend of $45100, and declared and issued a small stock dividend of 1590 shares ($10 par value) when the fair value of the stock was $30 per share. The amount of retained earnings available for dividends at the end of 2021 was: O $319350 O $347970 O $9660 $295500

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