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I need help with 20-22 Use the following to answer questions 20 22 Determine ending retained earnings for years 1, 2 and 3. At the

I need help with 20-22image text in transcribed

Use the following to answer questions 20 22 Determine ending retained earnings for years 1, 2 and 3. At the beginning of year 1, the retained earnings had a $0 balance. Year Net Income Dividends Retained Earnings $50,000 85,000 $10,000 50,000 20. 21. 145,000 100,000 22

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