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At December 31, 2014 Tucson Company had retained earnings of $2,384,000. During 2014 they issued stock for $98,000, and paid dividends of $34,000. Net income

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At December 31, 2014 Tucson Company had retained earnings of $2,384,000. During 2014 they issued stock for $98,000, and paid dividends of $34,000. Net income for 2014 was $402,000. The retained earnings balance at the beginning of 2014 was $2,752,000 $2,114,000 $2,654,000 $2,016,000

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