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At January 1, 2022. Bonita Industries reported Retained Earnings of $308000. During 2022, Bonita had a net loss of $66000 and paid dividends to the

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At January 1, 2022. Bonita Industries reported Retained Earnings of $308000. During 2022, Bonita had a net loss of $66000 and paid dividends to the stockholders of $44000. At December 31, 2022, the balance in Retained Earnings is $308000 debit $264000 credit $242000 debit $198000 credit

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