8. Doug and Bob's firm had beginning retained earnings of \$18,670. During the ycat, the company reported sales of $83,490, costs of $68,407. depreciation of \$8,200, dividends of \$950, and intercat paid of $478. The tax rate is 35 percent. What is the retained carnings balance at the end of the year? a) $21,883.25 b) $22,193.95 c) $22,833.24 d) $23,783.24 c) $30,393.95