Sunland Company began the year 2022 with retained earnings of $661000. During the year, the company sold additional shares of stock for $1012000, recorded revenues of $593000, expenses of $381000, and paid dividends of $142000. What was Sunland's retained earnings balance at the end of 2022?

$593000

$1015000

$1112000

$731000

Answer rating: 100% (QA)

Answer 731000 Opening balance of ret... View the full answer