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QUESTION 20 The following is the financial information of fimm ABC The total retained earnings at the start of year 2018 were 5643,000. The earnings

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QUESTION 20 The following is the financial information of fimm ABC The total retained earnings at the start of year 2018 were 5643,000. The earnings before interest and taxes or the firm were 5354,000. The total interest payments during the year were 43.000. Preferred stockholders were paid dividends of S105.000 and common wockholders were given dividends of $ 92,000. What are the retained earnings for the year. Assume there are no taxes 262,000 114.000 346,000 157.000

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