Question: Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $195,000 Net income 30,000 Dividends 15,000 What is the year-end

Ligonier Tree Services has the following activity during the current year: Retaining earnings, beginning balance $195,000 Net income 30,000 Dividends 15,000 What is the year-end retained earnings balance? a. $225,000 b. $180,000 c. $210,000 d. $165,000

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