Hi! Please answer this question as soon as possible (Prefer within 2 hours). This is just MC. I will make sure to give good rating. Thank you so much !!

5) The Retained Earnings account had a beginning credit balance of $26,000. During the period, the business had a net loss $12,000, and the company paid dividends of $8,000. The ending balance in the Retained Earnings account is: A) $6,000. B) $30,000. C) $22,000. D) $14,000. 6) On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10,n/30. The customer made the correct payment on November 17 . How would Flores record the collection of cash on November 17 ? A) Option A B) Option B C) Option C D) Option D 7) A company records a sales return from a credit customer. Indicate how this transaction would affect (1) assets, (2) stockholders' equity, and (3) revenues. A) (1) Decrease, (2) Decrease, (3) Decrease B) (1) Decrease, (2) No effect, (3) Decrease C) (1) Decrease, (2) Decrease, (3) No effect D) (1) No effect, (2) No effect, (3) No effect 8) A company reported the following amounts at the end of the year: total sales revenue = $500,000; sales discounts =$10,000; sales allowances =$15,000; net revenues =$440,000. What amount did the company report for sales returns for the year? A) $35,000. B) $475,000. C) $25,000. D) $415,000. 9) Feline Co. purchases additional office equipment to better serves its customers. This cash purchase is reported in the statement of cash flows as what type of activity? A) Company activity. B) Investing activity. C) Financing activity. D) Operating activity