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For 2011, the Wallace Corporation had beginning and ending Retained Earnings balances of $198,054 and $231,112 respectively. Also during 2011, the corporation declared and paid
For 2011, the Wallace Corporation had beginning and ending Retained Earnings balances of $198,054 and $231,112 respectively. Also during 2011, the corporation declared and paid cash dividends of $29,000 and issued stock dividends valued at $16,000. Total expenses were $32,916. Based on this information, what was the amount of total revenue for 2011? A. $78,058 B. $110,974 C. $153,054 D. $189,032
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