31. The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:

Retained earnings balance at the beginning of the year	$ 168,000
Cash dividends declared for the year	52,800
Net income for the year	100,500

What is the ending balance for retained earnings?

• $289,500.

• $115,200.

• $268,500.

• $14,700.

• $215,700.

32. Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities of $35,000; net cash used in investing activities of $12,800 and net cash used in financing activities of $16,200. If the beginning cash balance is $6,400, what is the ending cash balance?

• $38,000.

• $12,400.

• $70,400.

• $57,600.

• $6,000.