Question: Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $192,000 Net income 43,000 Dividends 15,600 What is the year-end

Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $192,000 Net income 43,000 Dividends 15,600 What is the year-end retained earnings balance? a. $176,400 b. $219,400 c. $235,000 d. $149,000

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