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At September 1, 2017, Whispering Inc. reported Retained Earnings of $389160. During the month, Whispering generated revenues of $55200, incurred expenses of $33120, purchased equipment
At September 1, 2017, Whispering Inc. reported Retained Earnings of $389160. During the month, Whispering generated revenues of $55200, incurred expenses of $33120, purchased equipment for $13800 and paid dividends of $5520. What is the balance in Retained Earnings at September 30, 2017?
$391920
$405720
$22080
$389160
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