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On December 17, 2021 XYZ Co declared its annast Cash Dividend on Common Stock for the year ended December 31, 2021 The dividend was

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On December 17, 2021 XYZ Co declared its annast Cash Dividend on Common Stock for the year ended December 31, 2021 The dividend was paid on January 20, 2022 to shareholders of record as of January 5, 2022 On what date should XYZ decrease Retained Earnings by the amount of the dividend? Oa December 31, 2021 Ob January 20, 2022 Oc January 5, 2022 Od December 17, 2021

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