Question: Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $182,000 Net income 42,000 Dividends 15,100 What is the year-end

Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $182,000 Net income 42,000 Dividends 15,100 What is the year-end retained earnings balance? a. $224,000 b. $208,900 c. $166,900 d. $140,000

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