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For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $160,900 and $214,900, respectively. Also during Year 2, the board of
For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $160,900 and $214,900, respectively. Also during Year 2, the board of directors declared cash dividends of $26,900, which were paid during Year 2. The board also declared a stock dividend, which was issued and required a transfer in the amount of $16,500 to paid-in capital. Total expenses during Year 2 were $41,916. Based on this information, what was the amount of total revenue for Year 2? $139,316$134,000$122,816$146,084 None of the above
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