Question: Current Attempt in Progress Waterway Industries started the year with $ 6 6 0 0 0 in its Common Stosk account and a credit balance

Current Attempt in Progress
Waterway Industries started the year with $66000 in its Common Stosk account and a credit balance in Retained Earnings of $48400.
During the year, the company earned net income of $52800 and declared and paid $22000 of dividends. In addition, the company sold
additional common stock amounting to $30800. As a result, the amount of its retained earnings at the end of the year would be
$79200.
$145200.
$176000.
$110000.
Current Attempt in Progress Waterway Industries started the year with $66000

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