Question: ( e ) If dividends of ( $ 6 1 , 2 0 0 ) were in arrears on preferred stock, what

(e) If dividends of \(\$ 61,200\) were in arrears on preferred stock, what would be the balance reported for retained earnings?
Balance reported for retained earnings
( e ) If dividends of \ ( \ $ 6 1 , 2 0 0 \ )

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