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fast The change in retained earnings from the beginning of the year to the end of the year is the result of net earnings minus

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The change in retained earnings from the beginning of the year to the end of the year is the result of net earnings minus dividends for the year. These changes are part of the information presented on the statement of changes in equity. Calculate the missing amounts in the reconciliation of retained earnings in each of the following independent situations: B D Retained earnings, Dec 31, $100,000 $425,000 (1) $930,000 2019 40.000 Net earnings (2) 550,000 290,000 Dividends declared and pald 10,000 50,000 225,000 (3) Retained earnings, Dec. 31, 2020 4) 505,000 2.126,000 1,062 000

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