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Question 22 2.5 pts A corporation had a year end 2017 retained earnings balance of $170,000. In 2018, the firm reported operating income of $100,000,

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Question 22 2.5 pts A corporation had a year end 2017 retained earnings balance of $170,000. In 2018, the firm reported operating income of $100,000, gross profits of $ 160,000, net income of $50,000, and paid dividends in that same year of $20,000. The firm's retained earnings balance at year end 2018 was $170,000 O $220,000 $360,000 O $150,000 O $200,000 Question 23 5 pts

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