Question: Use the information presented below to complete the following table. Scenarios A, B, and C are independent scenarios. Assume that there are no dividends declared
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Item Net Income (Loss) Other Comprehensive Income Loss) Retained Earnings Ending Balance Retained Earnings-Beginning Balance Accumulated Other Comprehensive Income Ending Balance Accumulated Other Comprehensive Income Beginning Balance Cash End of Year Cash Beginning of Year Increase (Decreasel in Cash S100,000 d) 6,300 19.000 49,000 49,000 $45,000 (4,000) 94,000 49,000 (al 2,000 4,000 24,000 4,000 t) c) 37000 5,000 4,000 8,600 6,700 (hi 3,000
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A B C Net Income Loss 100000 30000 45000 Other Comprehensive Inco... View full answer
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