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ABC Corporation reported retained earnings of $1,250 on its year-end 2018 balance sheet. During 2019, the company reported $420 in net income, and it paid
ABC Corporation reported retained earnings of $1,250 on its year-end 2018 balance sheet. During 2019, the company reported $420 in net income, and it paid out a dividend of $200. What will retained earnings be for ABC's 2019 year-end balance sheet? O$ 1,370 0 $ 1,050 O $ 1,570 $ 1,470 0 $ 1,670
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