Question: Net Income, Dividends, and Retained Earnings table [ [ 1 . What is the amount of Retained Earnings at the end of Year 1

Net Income, Dividends, and Retained Earnings
\table[[1. What is the amount of Retained Earnings at the end of Year 1?],[2a. At the end of Year 2, the company reports Net Income of $120. This amount includes:],[2b. What amount of dividends did the company declare in Year 2?],[2c. What is the ending balance of Retained Earnings in Year 2?],[2d. The ending balance of Retained Earnings in Year 2 includes:],[3a. What amount of Net Income did the company report in Year 3?],[3b. What amount of dividends did the company declare in Year 3?],[3c. What is the ending balance of Retained Earnings in Year 3?],[3d. The ending balance of Retained Earnings in Year 3 includes:]]
Net Income, Dividends, and Retained Earnings
Net Income, Dividends, and Retained Earnings \table[[1. What is the amount

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