Current Attempt in Progress During January 2022, Blue Spruce Corp.paid a cash dividends of $2320. This transaction O reduces stockholders' equity by $2320. O increases stockholders' equity by $2320. O reduces net income by $2320. O increases expenses by $2320. During February 2022, its first month of operations, the owner of Metlock, Inc. invested cash of $90000. Metlock had cash sales of $18000 and paid expenses of $31500. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28, 2022? $58500 credit O $76500 debit O $13500 credit O $108000 debit At September 1, 2022, Metlock, Inc. reported a cash balance of $126000. During the month, Metlock collected cash of $54000 and made disbursements of $90000. At September 30, 2022, the cash balance is O $90000 debit. O $90000 credit. O $180000 debit $36000 credit During 2022, its first year of operations, Splish Brothers Inc. had revenues of $156000 and expenses of $79200. The business paid cash dividends of $43200. What is the balance in Retained Earnings at December 31, 2022? O $0 $43200 debit $33600 credit $76800 credit Current Attempt in Progress Sheridan Company compiled the following financial information as of December 31, 2022: Service revenue Common stock Equipment Operating expenses Cash Dividends Supplies Accounts payable Accounts receivable Retained earnings, 1/1/22 $825000 194000 234000 734000 204000 64000 28000 124000 90000 435000 Sheridan's assets on December 31, 2022 are: $556000. O $1006000. O $468000. $1396000