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O Going concern assumption. Hebron Corporation reports the following information: Correction of overstatement of net income in prior years, net of tax $215,000, cash dividends
O Going concern assumption. Hebron Corporation reports the following information: Correction of overstatement of net income in prior years, net of tax $215,000, cash dividends declared in 2019 $50,000, share dividends declared in 2019-$160,000, Net income for 2019- $500,000 retained earnings, 1/1/2019, as reported-$200,000. The Retained earnings at December 31, 2019 = ??* O $865,000 O $435,000 $275,000. O $705,000. assume that the historical cost of product X is $65. the selling price $90. costs to
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