Question: Revise the given year end information in your spreadsheet with the following values, and then answer the questions below: Dividends $ 2,850 Year 1 Year

Revise the given year end information in your spreadsheet with the following values, and then answer the questions below: Dividends $ 2,850 Year 1 Year 2 Year 3 Year 4 Revenue $18,400 8 .400 48,400 93,400 Expenses $ 6,700 11,700 26,700 41,700 5,850 10,850 Required: 1. Complete the table below based on your spreadsheet results: (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings Required information 2. Assume revenues increase 20% in both Years 1 and 4, what would the revised balances be? (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings
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