Question: P 19 words > Question 2 10 pts a. Briefly explain the relationship between retained earnings and net Income. b. Tina Camping Inc. reported $12

 P 19 words > Question 2 10 pts a. Briefly explain

P 19 words > Question 2 10 pts a. Briefly explain the relationship between retained earnings and net Income. b. Tina Camping Inc. reported $12 million of retained earnings this year, compared to $10 million last year. It also paid out $4 million in total common dividends this year. Calculate its net income for this year. Show your calculations. Edit View Insert Format Tools Table 12ptParagraph evrov MacBook Air 30 GOO DOO 4 FS F 50 A * $ 4 % 5 & 7 6 GO 8 9 0

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