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4 (8 Points LiWe dig into some records, and we find the following numbers for a Company: A: What is the balance in Cash as
4 (8 Points LiWe dig into some records, and we find the following numbers for a Company: A: What is the balance in Cash as of 1/31 ? B: What is the balance in Retained Earnings as of 2/28 ? C : Using what we know and what you calculated in A and B above, would be the net income or net loss for February 28th if we paid out $10,000 dividends? Look at a retained earnings statement or draw a T Account for Retained Earnings if you are stuck
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