I am trying to complete my Statement of Retained Earnings. I keep getting a Net Income of

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I am trying to complete my Statement of Retained Earnings. I keep getting a Net Income of $3385. Is that correct? {see my work below} Retained earnings April 1, 20X2 $11,920 Add: Net Income $16,465 Total $28,385 Less: Dividends Capital Stock. $25,000. Retained Earnings $3385

Posted Date: May 17, 2024 08:00 AM

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I am trying to complete my Statement of Retained Earnings. I keep getting a Net Income of

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