Question: ters 14, 16 & 17 i Saved Help Save & E The accountant for Crusoe Company is preparing the company's statement of cash flows for


ters 14, 16 & 17 i Saved Help Save & E The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following Information is available: Retained earnings balance at the beginning of the year $135, 000 Cash dividends declared for the year 55, 000 Proceeds from the sale of equipment 90, 000 Gain on the sale of equipment 8, 800 Cash dividends payable at the beginning of the year 27,000 Cash dividends payable at the end of the year 30, 800 Net income for the year 101, 000 What is the ending balance for retained earnings? Multiple Choice $192 000
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