A and B?

E1-9A. Stat Question 1 Not complete Not graded P Flag question Determining Retained Earnings and Net Income The following information appears in the records of Becker Corporation at year-end: Accounts Receivable $32,000 Retained Earnings $7 Accounts Payable 12,000 Supplies 8,000 Cash 7.000 Equipment, net 145.000 Common Stock 115.000 a. Calculate the balance in Retained Earnings at year-end. $ b. If the amount of the retained earnings at the beginning of the year was $38,000 and $13,000 in dividends is paid during the year, calculate net income for the year. $ Check