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Dawson Corporation has the following information available for the current year: (in millions) Issued common stock $45 Treasury stock $65 Paid dividends $75 Net Income
Dawson Corporation has the following information available for the current year:
(in millions) | ||
Issued common stock | $45 | |
Treasury stock | $65 | |
Paid dividends | $75 | |
Net Income | $130 | |
Beginning common stock balance | $625 | |
Beginning retained earnings balance | $475 |
Based on this information, what is Dawson's retained earnings balance at the end of the year?
Group of answer choices
$530.
$680.
$420.
$605.
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