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If the net income is $300,000 instead of $285,000, then the retained earnings balanc on December 31, 2017, is: (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $1,500, write it as 1500) Answer: If the net income is $300,000 instead of $285,000, then the retained earnings balanc on December 31, 2017, is: (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $1,500, write it as 1500)