Question $2$

$1$ pts

Company A provided $$54,000$ of services revenues on account to its single client

Company B$.$

Company A incurred total costs of $$31,000$ in generating the service revenues.

At year end, the Board of Directors of Company A declared a $$0\mathrm{.}05$ dividend per share on

the $25,000$ common stock outstanding.

Beginning Retained Earnings was $$100,000.$

What was the ending Retained Earnings after net income and dividends was accounted

for?

$[$ENTER YOUR NUMERIC RESPONSE WITHOUT CURRENCY SYMBOLS$]$