3 of 3 - 76 MN- View rullICS Current Attempt in Progress On January 1, 2020, Crane Corporation had retained earnings of $542,000. During the year, Crane had the following selected transactions. 1. 2. Declared cash dividends $122,00 Corrected overstatement of 201 Earned net income $346,000. Declared stock dividends $61,00 3. 4. Determine the retained earnings balance at the end of the year. Retained earnings $ On January 1, 2020, Crane Corporation had retained earnings of $542,000. During the year, Crane had the following selected transactions. DOO. 119 net income because of inventory er 100. Determine the retained earnings balance at the end of the year. Retained earnings $ On January 1, 2020, Crane Corporation had retained earnings of $542,000. During the year, Crane had the following selected transactions. e because of inventory error $41,000. Determine the retained earnings balance at the end of the year. Retained earnings $