Click to watch the Tell Me More Learning Objective 6 video and then answer the questions below. 1. On the balance sheet, the balance of Treasury Stock is a. added to stockholders' equity. b. deducted from stockholders' equity. c. disclosed only in the notes. d. not reported. 2. Changes in retained earnings may be reported in all of the following EXCEPT a. a separate retained earnings statement. b. a combined income and retained earnings statement. c. a statement of stockholders' equity. d. a balance sheet. 3. A corporation has a $500,000 beginning balance in Retained Earnings. Its net income for the year was $200,000. Sales revenue amounted to $1,000,000, and dividends declared and paid by year-end amounted to $100,000. What was the ending balance in Retained Earnings? a. $600,000 b. $700,000 c. $1,200,000 d. $1,400,000