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On 1/1/2017, the beginning of the 2017 annual accounting period, Skullduggery, Co. had a Retained Earnings balance of $11,340. For the three years of 2017,

  1. On 1/1/2017, the beginning of the 2017 annual accounting period, Skullduggery, Co. had a Retained Earnings balance of $11,340. For the three years of 2017, 2018 and 2019, the company reported the following information:

    Year

    Net Income (Loss)

    Dividends

    2017

    $8,210

    $

    330

    2018

    ($1,880)

    $0

    2019

    $4,500

    $150

    What was the company's Retained Earnings as reported on the classified balance sheet as of 12/31/2019?

    a.

    $4,350.

    b.

    $26,410.

    c.

    $21,690.

    d.

    $10,350.

    e.

    None of the answers given are correct.

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