MC pg. 1 MC pg. 2 SA Pg. 3 Cash pg. 4 Income Statement. CASH Retained Earnings.CASH ) DEF Co. had the following transactions during the month: a. Individual deposited $250,000 into DEF Co.'s bank account in exchange for common stock b. received cash sales of $120,000 C. sales of $205,000 on account d. Co. paid dividends of $62,500 e. cash sales to customers of $83,150 f. during the month, DEF Co. paid expenses of $45,000 g DEF Co. paid $60,000 today for 6 months of rent Prepare DEF's Income Statement from the data above. (Cash Method) Prepare a Statement of Retained Earnings from the data above. (Cash Method) Prepare a Balance Sheet for DEF Co. from the above data. (Cash Method) 2) If DEF Co. decided to pay an additional $100,000 dividend, what would their ending retained earnings be