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On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,006 was Retained Earnings. Additional data for 2021 and 2022 Net Income Common

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On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,006 was Retained Earnings. Additional data for 2021 and 2022 Net Income Common Stock Issued Dividends Declared and Paid 2021 2022 $450 $210 330100 1700 Retained Earnings at 12/31/22 were: Select one: O a. $2,664 b. $3,600 c. $1,496 d. $1,500 e. $2,164

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