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(10 pts) Stocko company had retained earnings of $88,000 and stockholders' equity of $110,000 at the beginning of 20X1. During 20X1, the company had a

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(10 pts) Stocko company had retained earnings of $88,000 and stockholders' equity of $110,000 at the beginning of 20X1. During 20X1, the company had a net income of $35,000, declared and paid cash dividends of $12,0000, and had other comprehensive income of $15,000. The company neither issued bought back shares in that year. Compute A) the ending retained earnings and B) total stockholders' equity at the end of 20X1

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