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Please help fill in Retained Earnings, December 31 2021 - $310,600 Cost of buildings purchased during 2022- $25,000 Net loss for the year ended December

Please help fill in

Retained Earnings, December 31 2021 - $310,600

Cost of buildings purchased during 2022- $25,000

Net loss for the year ended December 31 2022- $4,900

Dividends declared and paid in 2022 - $13,200

Increase in cash balance from January 1st 2022 to December 31, 2022-$14,600

Increase in long term debt in 2022- $17,300

from the above data calculate the retained earnings balance as of December 31, 2022

note: enter decrease with a minus sign to indicate a negative financial statement effect

there is four boxes to fill in with choices of 1st box has cash balance, equipment, long term debt retained earnings as of December 31, 2021 ( it a drop down where one of these is chosen)

next box choices

. Add Dividends

  • Add: Net income
  • Add: Net loss
  • Less: Dividens
  • less net loss

next box choices are

  • add Dividends
  • Add: Net income
  • Add: Net loss
  • Less: Dividends
  • less net loss

last box

  • balance
  • Equipment
  • Long-term debt
  • Retained earnings, December 31, 2021
  • Retained earnings, December 31, 2022

so it has a drop down where you choose one of these choices and then there is another space to the right where you can fill in the information $ figures.

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