Paulson Company began the year with retained earnings of $500,000. During the year, the company issued $720,000 of common stock, recorded expenses of $2,000,000, and paid dividends of $80,000. If Paulson's ending retained earnings balance was $520,000, what was the company's revenue for the year?

Answer rating: 100% (QA)

Paulson Company Retained earnings 500000 ... View the full answer