please explain how to do each one or the equations for each one. thank you.

2 The first year of operations for a company was Year 1. The net income for Year 1 was $20,700 and dividends of $12,350 were paid. In Year 2, the company reported net income of $34,700 and paid dividends of $5,350. At the end of Year 1, the company had total assets of $157,000. At the end of Year 2, the company had total assets of $ $247,000. What is the amount of retained earnings at the end of Year 2? 5 points Multiple Choice $27350 $137150 $29.250 337,700 Blue Fin started the current year with assets of $717,000, liabilities of $358,500 and common stock of $217,000. During the current year, assets increased by $417,000, liabilities decreased by $58,500 and common stock increased by $292,000. There was no payment of dividends to owners during the year. Use the information above to answer the following question. What was the amount of Blue Fin's change in total stockholders' equilty during the year? Multiple Choice $141,500 Increase $475,500 increase 5233,500 increase $292.000 increase Golden Enterprises started the year with the following: Assets $109,000; Liabilities $38,000; Common Stock $68,000; Retained Earnings $3,000. During the year, the company earned revenue of $5,800, all of which was received in cash, and incurred expenses of $3,400, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $1,800 to owrvers. Assume no other activities occurred during the year. The amount of Golden's liabilities at the end of the year is: Multiple Choice 538,000 $35,600 $40,400 541400