Golden Enterprises started the year with the following: Assets $107,000; Liabilities $37000, Common Stock $67000, Retained Earnings $3.000. During the year, the company earned revenue of $5,700, all of which was received in cash, and incurred expenses of $3.350, all of which were unpaid as of the end of the year In addition, the company paid dividends of $1700 to owners. Assume no other activities occurred during the year The amount of Golden's retained earnings at the end of the year is Multiple Choice $3,650 $1,700 $8,700 4of10 Prev Next 6