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At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $285,000 and Total Libilities of $22,000 and Total Pald-in capital of

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At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $285,000 and Total Libilities of $22,000 and Total Pald-in capital of $88,000. During the year, the company reported total revenues of $336,000 and expenses of $260,000. Also, dividends during the year totaled $68,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: Multiple Choice $248,000 $287.000 $177,000 $183,000 At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $285,000 and Total Libilities of $22,000 and Total Pald-in capital of $88,000. During the year, the company reported total revenues of $336,000 and expenses of $260,000. Also, dividends during the year totaled $68,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: Multiple Choice $248,000 $287.000 $177,000 $183,000

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