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Question 44 (3 points) Canon Company began the year 2022 with retained earnings of $680,000. During the year, the company sold additional shares of stock

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Question 44 (3 points) Canon Company began the year 2022 with retained earnings of $680,000. During the year, the company sold additional shares of stock for $1,000,000, recorded revenues of $600,000, expenses of $380,000, and paid dividends of $140,000. What was Canon's retained earnings balance at the end of 2022? a) $600,000 b) $760,000 O c) $1,130,000 Od) $750,000 e) $1,030,000

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