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At the beginning of the current year, Wilson Corporation had 160.000 shares of $1 par common stock outstanding and had retained earnings of $4,400,000. During

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At the beginning of the current year, Wilson Corporation had 160.000 shares of $1 par common stock outstanding and had retained earnings of $4,400,000. During the year, the company earned $1635,000 and paid a year-end cash dividend of $4 per share. What was Wison Corporation's retained earnings at the end of the year? Multiple Choice $5,875,000 $5.395,000. $6.035,000 $4,400,000

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