MC Qu. 27 (LO10-5) In its first three years of operations, a company... In its first three years of operations, a company has net income of $2,000; $5,000; and $8,000. It also pays dividends of $1,000 in the second year, and $3,000 in the third year. What is the balance of Retained Earnings at the end of the third year? Multiple Choice O $5,000. $11,000. $4,000. $15,000.

MC Ou. 27(20105) in its first three years of operations, a companyntpe end of ne lind yeen? noes 1+000 ipes sin00