Previous Page Next Page Page 19 of 28 Question 19 (3 points) AOL (2): Jackson, Inc has the following data.After all closing entries for 20x1 are completed, what is the amount in Retained Earnings as of Dec 31, 20x1? Beginning Retained Earnings, Jan 1, 20x1 Net Income for the year 20x1 $30,000 $13,000 Cash Dividends Declared and Paid in 20x1 $11,000 a) $46,000. b) $35,000. c) $32,000. d) $2,000.