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10. On January 1, 2019, Citra Corporation had retained earnings of RM8,000,000. During 2019, Citra reported net income of RM1,500,000, declared dividends of RM500,000, and

10. On January 1, 2019, Citra Corporation had retained earnings of RM8,000,000. During 2019, Citra reported net income of RM1,500,000, declared dividends of RM500,000, and issued common stock for RM1,000,000.

What were Citra's retained earnings on December 31, 2019?

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