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In 2021 Company XYZ (located in Los Angeles) reported $788,158 in retained earnings on its statements. XYZ operates on a fiscal year beginning in April.
In 2021 Company XYZ (located in Los Angeles) reported \$788,158 in retained earnings on its statements. XYZ operates on a fiscal year beginning in April. Accordin to statements, in 2022 the company paid \$62,474 in dividends and had \$190,588 in retained earnings. Estimate the dollar amount of net income (loss) for 2022. Income (Loss) In 2021 Company XYZ (located in Los Angeles) reported \$788,158 in retained earnings on its statements. XYZ operates on a fiscal year beginning in April. Accordin to statements, in 2022 the company paid \$62,474 in dividends and had \$190,588 in retained earnings. Estimate the dollar amount of net income (loss) for 2022. Income (Loss)
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