Question: Multiple Choice Question 88 For the year ended December 31, 2017, Crane Company reported the following: Net income $297000 Preferred dividends declared 48300 Common dividend

Multiple Choice Question 88

For the year ended December 31, 2017, Crane Company reported the following:

Net income $297000
Preferred dividends declared 48300
Common dividend declared 10600
Unrealized holding loss, net of tax 5600
Retained earnings, beginning balance 384000
Common stock 198400
Accumulated Other Comprehensive Income,
Beginning Balance 24500

What would Crane report as the ending balance of Retained Earnings?

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