Question: Moving to another question will save this response. Question 14 3. (8 points) As of December 31, 2021, Warner Corporation reported the following Treasury stock

Moving to another question will save this response. Question 14 3. (8 points) As of December 31, 2021, Warner Corporation reported the following Treasury stock Paid-in capital-share repurchase Common stock and other paid-in capital accounts Retained earnings 600,000 20,000 4,000,000 3,000,000 During 2022, half of the treasury stock was resold for $240,000; net income was $600,000; cash dividends declared were $1,500,000, and stock dividends declared were $500,000. Required: What is the balance in Retained Earnings Account on December 31, 2022 (show calculations for credi MacBook Pro 9

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