Company A and Company B are identical in all regards except that during Year 1 Compony A borrowed $29.000 at an interest rote of 10% in contrast, Company B obtained financing by acquiring $29,000 from sale of common stock Company a agreed to pay a $2,900 cash dividend each year Both companies are in a 30% tax brecket Which company would show the greater tetoined earnings at the end of Year 1 , and by whot arsount? Multole choice Both would show the seme retained earnings. Conpeny As relined pornigi would be bigher by 1870. Compory Eu retaind eainngs would be higher by $2030 Campary as retained earnimgs would be higher by 12,000 Company A and Company B are identical in all regards except that during Year 1 Compony A borrowed $29.000 at an interest rote of 10% in contrast, Company B obtained financing by acquiring $29,000 from sale of common stock Company a agreed to pay a $2,900 cash dividend each year Both companies are in a 30% tax brecket Which company would show the greater tetoined earnings at the end of Year 1 , and by whot arsount? Multole choice Both would show the seme retained earnings. Conpeny As relined pornigi would be bigher by 1870. Compory Eu retaind eainngs would be higher by $2030 Campary as retained earnimgs would be higher by 12,000