Calculate the retained earnings balance at the end of the final period.

Preference shares have been treated as equity in the financials.

Year 1 retained earnings at start of year	2,880.6
Year 1 net income	864.2
Year 2 net income	1,008.0
Year 2 common dividend paid	345.6
Year 2 preferred dividend paid	230.4
Year 3 net income	576.0
Year 3 preferred dividend paid	288.0

Select one:

1,296.4

4,176.8

4,983.2

4,464.8