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9 work i Saved QS 13-19 Determining retained earnings balance LO C3 On January 1, Payson Inc. had a retained earnings balance of $52,000. During

9
work i Saved QS 13-19 Determining retained earnings balance LO C3 On January 1, Payson Inc. had a retained earnings balance of $52,000. During the year, Payson reported net Income of $33.200 and paid cash dividends of $20,200. Calculate the retained earnings balance at its December 31 year-end. Ending retained earnings

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