Question: View Policies Current Attempt in Progress The following is the retained earnings account for the year 2022 for Nash Corp. Retained earnings, January 1,

View Policies Current Attempt in Progress The following is the retained earningsaccount for the year 2022 for Nash Corp. Retained earnings, January 1,2022 $211,230 Add: Gain on sale of investments $33,780 Net income 69,290

View Policies Current Attempt in Progress The following is the retained earnings account for the year 2022 for Nash Corp. Retained earnings, January 1, 2022 $211,230 Add: Gain on sale of investments $33,780 Net income 69,290 Refund on litigation with government 17,710 Recognition of income in 2021. but omitted from income. statement in that year, 20,820 141,600 352,830 Deduct: Loss on discontinued operations Write-off of goodwill 28,700 49,200

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