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Net Income, Dividends, and Retained Earnings $300 $250 $200 $150 $100 00 90 120 $50 100 80 00 80 20 20 30 30 150

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Net Income, Dividends, and Retained Earnings $300 $250 $200 $150 $100 00 90 120 $50 100 80 00 80 20 20 30 30 150 110 40 40 90 90 80 $0 NI Div RE NI Div RE Year 1 Year 2 NI Div RE Year 3 Click here to open the graph(s) in a new tab. Required: 1. What is the amount of Retained Earnings at the end of Year 1? 2a. At the end of Year 2, the company reports Net Income of $120. This amount includes: 2b. What amount of dividends did the company declare in Year 2? 2c. What is the ending balance of Retained Earnings in Year 2? 2d. The ending balance of Retained Earnings in Year 2 includes: 3a. What amount of Net Income did the company report in Year 3? 3b. What amount of dividends did the company declare in Year 3? 3c. What is the ending balance of Retained Earnings in Year 3? 3d. The ending balance of Retained Earnings in Year 3 includes:

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