Question: Moving to another question will save this response. Question 11 of 25 aestion 11 4 points Save CHAPTER 2: A firm reports net income of

Moving to another question will save this response. Question 11 of 25 aestion 11 4 points Save CHAPTER 2: A firm reports net income of $500,000 for 2015. Their balance sheet at the end of 2014 shows a retained earnings total of $2,000,000. The firm will pay out 25 of net income as dividends. What will the new balance be for retained earnings at the end of 2015? 0.51,875,000 Ob 12.125,000 OC 12375.000 O $2.500.000 Question 11 of 25 Movie to another question will save this response. 12242.22.22222

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