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Prausck company had retained earnings of $96,000 and stockholders' equity of $ 120.000 at the beginning of 20X1. During 20X1. the company had a net

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Prausck company had retained earnings of $96,000 and stockholders' equity of $ 120.000 at the beginning of 20X1. During 20X1. the company had a net income of $35,000. declared and paid cash dividends of $12.000 and had other comprehensive income of $15,000. The company neither issued nor bought back shares in that year. Compute A) the ending retained earnings and B) total stockholders ' equity at the end of 20X1

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