In its first year of operations, Jackson Joumals, lec recorded net income in the amount of $410,000 Jackson Journals a account after it records the dividend? declared and paid a $21,000 dividend at year end on December 31. What is the balance in Jackson's retained earings Select the labels and compute the retained eamings balance after the dividend is paid (Abbreviation used RE Retained eanings Enter a 10 for accounts with a 50 balance) Retained eamings at end of year