Question 30 1 pts Which of the following statement regarding Retained earnings is incorrect? Retained earnings could never have a negative carrying amount All of these statements regarding retained earnings are incorrect O Retained earnings represent cash set aside for future dividends O Retained earnings represent part of the shareholders' investment O Retained earnings are a type of reserve Question 31 1 pts Which of the following statements regarding the total equity of a public company is correct? o Only dividends will decrease the carrying amount of total equity Only profits will increase the carrying amount of total equity Total equity equals the market value of the company's net assets The market price of the company's shares will have no impact on total equity All of these statements regarding the total equity of a public company are correct