Please give explanations for these questions!

49. Bonitas Bowling Alley had beginning Retained Earnings of $62,000. During the year the company had net income of $190,000 and paid dividends of $10,000. The ending retained earnings on the balance sheet is:

$242,000

$138,000

$182,000

$252,000

$190,000

50. If a bond is sold at a discount, the carrying value reported on the balance sheet in following years:

Could increase or decrease depending on the volatility of the bond market

Stays the same each year

Increases each year

Decreases each year

Could increase or decrease depending on the current market rate of interest