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At January 1, 2025, Pharoah Industries reported Retained Earnings of $434000. During 2025 , Pharoah had a net loss of $93000 and paid dividends to

At January 1, 2025, Pharoah Industries reported Retained Earnings of $434000. During 2025 , Pharoah had a net loss of $93000 and paid dividends to the stockholders of $62000. At December 31, 2025, the amount reported for ending retained earnings on the retained earnings statement would be $279000.$434000.$341000$372000

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