C ignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 14-09 Wildhorse Company reported retained earnings at December 31, 2019, of $318,500. Wildhorse had 198,500 shares of common stock outstanding at the beginning of 2020. The Fonowing transactions occurred during 2020 1. A cash dividend of $0.70 per share was declared and paid. 2. A 10% stock dividend was declared and distributed when the market price per share was 14 per share. 3. Net income was $283,000. Compute the ending balance in retained earnings at the end of 2020. Retained earnings Click if you would like to show Work for this question: One Show Wors By accessing this question Assistance, you will leam while you earn points based on the Point Potential Policy set by your instructor Question Attempts Unlimited