Exercise 14-09 Oriole Company reported retained earnings at December 31, 2019, of $318,500. Oriole had 194,000 common Mock outstanding at the beginning of 2020. The following transactions occurred during 2020- 1. 2. 3. A cash dividend of 50.65 per share was declared and paid. A 10% stock dividend was declared and distributed when the market price Net Income was $285,000. Compute the ending balance in retained earnings at the end of 2020. Retained earnings Click if you would like to show Work for this question: Open Shew Work