Question 10 PRINTER VERSION BACK NEXT Blossom Construction Company earned $474,000 during the year ended June 30, 2017. After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,060 at the end of fiscal year 2017, what were the retained earnings on its balance sheet on July 1, 2016? Balance of retained earnings, July 1, 2016 Click it you would like to show Work for this question: Open Show Work Question Attemptsi 0 of 2 used