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Calculate Ending Retained Earnings for 2022 from the details given below: Ending Retained Earnings as of year ended 2021: $1,500,000 Net Income Generated during the

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Calculate Ending Retained Earnings for 2022 from the details given below: Ending Retained Earnings as of year ended 2021: $1,500,000 Net Income Generated during the year: $275,000 Dividends Paid out during the year: $50,000 a. $1,775,000.00 b. $1,275,000,00 c. $1,725,000,00 d. $1,825,000,00 e. $1,500,000.00

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