A) & B)

pleas answer

The following selected balance sheet amounts are from Aerial Inc, as of December 31, 2020. Required a. Compute retained earnings as of December 31,2020 assuming retained earnings is the only missing category in the selected balance sheet amounts above. b. Determine net income assuming that the balance in retained earnings on January 1. 2020. was $2.500 : dividends declared during 2020 were $4.500; and no other items affected retained eamings during 2020