7 Below is information related to retained earnings for five independent situations. Calculate the answer to each 1. A company reports an increase in retained earnings of $1,620 and net income of $5,310. What is the amount of dividends? Bien 2. A company reports beginning retained earnings or $940.net Income of $1,800, and $220 dividends. What is the amount of ending retained earnings? Breng Retaines Fernas 3. A company reports an increase in retained earnings of $2.070 and dividends or $2.420. What is the amount of net income? 4. A company reports ending retained earnings of $3,640, net income of $1130, and dividends of $390 What is the amount of beginning retained earnings? 5. A company reports an increase in retained earnings of $770 and net income of 51520 What is the amount of dividends? Dronos