On July 1, Kozey Corp paid a $80,000 cash dividend. How is the accounting equation effected for Kozey Corp? Decrease Assets $80,000; Increase Retained Earnings $80,000 Increase Assets $80,000; Decrease Retained Earnings $80,000 Decrease Assets $80,000; Decrease Retained Earnings $80,000 Increase Assets $80,000; Increase Retained Earnings $80,000 Question 11 of 30 Margarett needs to calculate the Ending Retained Earnings for Runte Company. Which of the following formulas should Margarett use? Beginning Retained Earnings + Net income - Dividends a Ending Retained Earnings Beginning Retained Earnings + Net income + Dividends = Ending Retained Earnings Beginning Retained Earnings + Revenues - Dividends = Ending Retained Earnings Beginning Retained Earnings + Net income - Expenses = Ending Retained Earnings