Retained earnings, December 31, 2019 $ 231,330 Decrease in total liabilities during 2019 50,380 Gain on the sale of buildings during 2019 17,710 Dividends declared and paid in 2019 4,950 Proceeds from sale of common stock in 2019 54,340 Net income for the year ended December 31, 2019 24,860 Required: From the above data, calculate the retained earnings balance as of December 31, 2018. (Enter decreases with a minus sign to indicate a negative financial statement effect.)

- NNN/ MNNE 7 CA |G|W||K|G|D||0||0|| | ||0|0|VQ|GX|CW|G| CC+ https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F... C A 20 Chapter 2 Exercises B (Unlimited Attempts) i Seved Help Save & Exit Submit 5 $231,330 Retained earnings, December 31, 2019 Decrease in total liabilities during 2019 Gain on the sale of buildings during 2019 Dividends declared and paid in 2019 58,388 17,718 4,958 54,340 Proceeds from sale of common stock in 2019 Net income for the year ended December 31, 2019 24,860 Skipped Required: eBook From the above data, calculate the retained earnings balance as of December 31, 2018. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Print References Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2019 Retained earnings, December 31, 2018 Retained earnings, December 31, 2019 +++ H IA l 84"F Clear 10 points Mc Graw Hill Check my work 11:09 PM 6/12/2022 x "a 23