On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was in Retained Eamings. Additional data for 2021 and 2022 Net Income Common Stock Issued Dividends Declared and Paid 2021 2022 $450 $210 330 75 170 664 Retained Earnings at 12/31/22 were: Select one: a $2,664 b. $3,500 c. $1,496 Od $1,500 e $2,164 ENG In a ledger, credit entries cause Select one: O a Increases in owner's equity, decreases in liabilities and increases in asset O b. Decreases in liabilities, increases in assets, and decreases in owner's equity Oc Decreases in assets, decreases in liabilities, and increases in owner's equity O d. Decreases in assets, increases in liabilities, and increases in owner's equity O e Decreases in liabilities, increases in assets, and increases in owner's equity