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First Corporation had Retained Earnings at the end of December 31, 2022 of $461,000. During 2022, the company had net income of $181,000 and declared

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First Corporation had Retained Earnings at the end of December 31, 2022 of $461,000. During 2022, the company had net income of $181,000 and declared dividends of $21,100. The amount of Retained Earnings reported on the balance sheet as of December 31, 2023 will be: Multiple Choice $642,000. $620,900. $439,900. O O $663,100

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