Question 1 Assume Mai Company ended fiscal year 2021 with $212,000 in revenues, $85,000 in expenses and $32,000 in dividends. What amount will Retained Earnings change by because of the closing entries? $329,000 $(95,000) $127,000 $0 2 pts O $95,000

Assume Mai Company ended fiscal year 2021 with $212,000 in revenues, $85,000 in expenses and $32,000 in dividends. What amount will Retained Earnings change by because of the closing entries? $329,000 $(95,000) $127,000 $0 $95,000