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please show work On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was in Retained Earnings. Additional data for 2021 and

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On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was in Retained Earnings. Additional data for 2021 and 2022 2021 2022 $450 $210 330 75 Dividends Declared and Paid 170 664 Net Income Common Stock Issued Retained Earnings at 12/31/22 were: Select one: a. $2,664 b. $3,500 c. $1,496 d. $1,500 e. $2,164 20 29 . F4

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