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Lucky Worldwide Travel Services, Inc. had Retained Earnings on November 30, 2012 of $2,202,492. Net Income for the month of December 2012 was $233,550. Also,
Lucky Worldwide Travel Services, Inc. had Retained Earnings on November 30, 2012 of $2,202,492. Net Income for the month of December 2012 was $233,550. Also, in December, the following additional transactions took place: Dividends were paid out to shareholders in the amount of $101,817. 10,000 new shares of common stock were sold at $18 per share. Principal on the auto loan was paid in the amount of $4,284 What was Lucky's Retained Earnings Balance on December 31, 2012
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