As of December 31, 2021, Warner Corporation reported the following. Treasury Paid-in capital-share repurchase 600,000 20,000...

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As of December 31, 2021, Warner Corporation reported the following. Treasury Paid-in capital-share repurchase 600,000 20,000 Common stock and other paid-in capital accounts 4,000,000. Retained earnings 3000,000 During 2022, half of the treasury stock was resold for $240,00 net income was $600,000; cash dividends declared were and stock dividends declared were Required What is the balance in on December 31, 2022? Retained Please show calculations. 1,500,000 $500,000 Earnings Accou As of December 31, 2021, Warner Corporation reported the following. Treasury Paid-in capital-share repurchase 600,000 20,000 Common stock and other paid-in capital accounts 4,000,000. Retained earnings 3000,000 During 2022, half of the treasury stock was resold for $240,00 net income was $600,000; cash dividends declared were and stock dividends declared were Required What is the balance in on December 31, 2022? Retained Please show calculations. 1,500,000 $500,000 Earnings Accou