Question: PLEASE HELP Problem 1-75B (Algorithmic) Statements of Retained Earnings The table below presents the statements of retained earnings for Labelle Corporation for 3 successive yours.

PLEASE HELP

presents the statements of retained earnings for Labelle Corporation for 3 successive

Problem 1-75B (Algorithmic) Statements of Retained Earnings The table below presents the statements of retained earnings for Labelle Corporation for 3 successive yours. Certain numbers are missing, Required: Use your understanding of the relationship between successive statements of retained earnings to calculate the missing values. 2020 Retained earnings, beginning $18,225 Add: Net Income 11,100 2021 2022 $27.760 $25,625 (7.400) (5,200) Less: Dividends 1:00. $34,100 Retained earnings, ending Problem 1-75B (Algorithmic) Statements of Retained Earnings The table below presents the statements of retained earnings for Labelle Corporation for 3 successive years. Certain numbers are missing. Required: Use your understanding of the relationship between successive statements of retained earnings to calculate the missing values. 2021 Retalned earnings, beginning $18,225 $27.760 Add: Net Income 11,100 9,500 $25,625 (7,400) (5,200) 2020 2022 Less: Dividends Retained earnings, ending $34,100

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