Question 10 of 12 0/5 E View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect Crane Company reported retained earnings at December 31, 2021, of $ 319.500. Crane had 190,500 shares of common stock outstanding at the beginning of 2022 The following transactions occurred during 2022. 1 SH 2 A cash dividend of S 0.70 per share was declared and paid. A 5% stock dividend was declared and distributed when the market price per share was $ 13 per share. Net income was $285,000 E 3 Compute the ending balance in retained earnings at the end of 2022. Retained earnings 194147