125 stion On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was Retained Earnings. Additional data for 2021 and 2022: 2021 2022 35 Net Income $450 $210 Common Stock Issued 330 100 Dividends Declared and Paid 170 0 Retained Earnings at 12/31/22 were: Select one O a $2.664 Ob $3,600 Oc $1,496 Od. $1.500 On $2,164 Accruing Interest Expense will INE Time le O $2,164 Accruing Interest Expense will: Select one: Oa. Increase total liabilities O b. Increase total assets Oc. Not affect stockholders' equity Od. Increase net income Oe. Not affect total liabilities