3 Not complete Mark 0.00 out of 6.25 Rag question Determining Retained Earnings and Net Income The following information appears in the records of Bock Corporation at year-end: Accounts Receivable $23,000 Retained Earnings Accounts Payable Cash 15,000 Supplies $7 9,000 8,000 Equipment, net 138,000 Common Stock 110,000 a. Calculate the balance in Retained Earnings at year-end. $ 0 b. If the amount of the retained earnings at the beginning of the year was $30,000 and $12,000 in dividends is paid during the year, calculate net income for the year. $ 0 Check Incorrect Marks for this submission: 0.00/6.25 Previous Save Answers