answer

Question 8 (1 point) Pearson Inc. had a credit balance in Retained Earnings on December 31, 2021, of $48,000. During 2022, Pearson Inc. recorded profit of $146,000 and declared and paid dividends of $47,000. During 2023, the company recorded a loss of $15,000. No dividends were declared or paid in 2023. The balance in Retained Earnings at December 31, 2023 is: $226,000 Credit O $132,000 Debit O $162,000 Credit O $132,000 Credit O None of these answers is correct