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Refer to the data below. Retained earnings, December 31, 2019 Cost of buildings purchased during 2020 Net income for the year ended December 31, 2828

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Refer to the data below. Retained earnings, December 31, 2019 Cost of buildings purchased during 2020 Net income for the year ended December 31, 2828 Dividends declared and paid in 2020 Increase in cash balance from January 1, 2020, to December 31, 2028 Increase in long-term debt in 2020 $340,00 45, 7ee 55,000 32, see 23, see 45,400 Required: From the above data, calculate the Retained Earnings balance as of December 31, 2020: Retained earnings The balance sheet caption for common stock is the following: Common stock, 55 par value, 2,828, eee shares authorized, 1,070,880 shares issued, 1, 2ee, eee shares outstanding $? Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.12 per share. c. What accounts for the difference between issued shares and outstanding shares? a. Amount b. Cash dividend Difference between issued shares and outstanding shares c ces

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