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At January 1, 2022, Nash's Trading Post, LLC reported Retained Earnings of $259000. During 2022, Nash's, LLC had a net loss of $55500 and

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At January 1, 2022, Nash's Trading Post, LLC reported Retained Earnings of $259000. During 2022, Nash's, LLC had a net loss of $55500 and paid dividends to the stockholders of $37000. At December 31, 2022, the balance in Retained Earnings is O $166500 credit. O $222000 credit. O $203500 debit. O $259000 debit.

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