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Question 5 2 pts Pinson Company began the year 2022 with retained earnings of $670,000. During the year, the company sold additional shares of stock

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Question 5 2 pts Pinson Company began the year 2022 with retained earnings of $670,000. 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 Pinson's retained earnings balance at the end of 2022? $1,130,000 $750,000 $1,030,000 $600,000

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