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Help Save&Exit Submit Golden Enterprises started the year with the following: Assets $131,000 Liabilities $44,000, Common Stock $74,000: Retained Earnings $13,000. During the year, the

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Help Save&Exit Submit Golden Enterprises started the year with the following: Assets $131,000 Liabilities $44,000, Common Stock $74,000: Retained Earnings $13,000. During the year, the company earned revenue of $6,900, all of which was received in cash, and incurred expenses of $3.950, all of which were unpaid as of the end of the year.In addition, the company paid dividends of $2.900 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 $2.900 $15.950 $13,050 $19.900

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