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3) Given the following , please calculate the Retained Earnings Balance as of 12/31/07: * Retained Earnings as of 12/31/10 of $450M * Dividends in

3) Given the following , please calculate the Retained Earnings Balance as of 12/31/07:
* Retained Earnings as of 12/31/10 of $450M
* Dividends in '10 of $175M
* Income in '08 of $50M
* Income in '09 of $100M
* Dividends in '09 of $75M
* Loss in '10 of $250M
* Dividends in '08 of $25M

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