7 A firm began operations on January 1, 2017, with contributed capital of $50,000. ed out of Revenue Expense Dividends 2017 $253,000 $125,400 $35,200 2018 $572,000 $258,500 $83.600 on What was retained Earnings at the end of each of 2017 and 2018, respectively? Select one: a. $92,400, $322,300 b. $127,600, $229,900 c. $92,400, $313,500 d. $127,600, $322,300 e. $92,400, $229,900 estion 8 t yet swered On 12/31/12, as part of the year-end adjusting journal entries, the Strickland Company accrues three day's wages of $600 ($200 per day). The proper 12/31/12 closing entries are made. No reversing entry is made on 1/1/13. Strickland pays the weekly payroll of $1,000 on 1/2/13. The balance in the Wage Expense account after the 1/2/13 journal entry will be: pints out of 00 Flag question Select one: a. $0 b. $400 c. $600 d. $1,000 e. $1,200