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At January 1, 2022, Swifty Corporation reported Retained Earnings of $266000. During 2022, Swifty had a net loss of $57000 and paid dividends to the

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At January 1, 2022, Swifty Corporation reported Retained Earnings of $266000. During 2022, Swifty had a net loss of $57000 and paid dividends to the stockholders of $38000, At December 31, 2022, the balance in Retained Earnings is $228000 credit $209000 debit $266000 debit 5171000 credit

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