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Remaining Time: 30 minutes, 10 seconds. Question Completion Status: 38 39 40 41 42 43 44 45 46 47 48 49 50 Moving to another question will save this response Questions Question 26 3 points account and a balance of $170,000 is its accumulated comprehensive income. The following transactions curred din e year Lata Corp began the year with a $1.650,000 credit balance in its retained a n Pretax unrealized gain on available for sale securities of $310.000 Pretax unrealized loss on a n efforem currence of $50,000 The company recorded net income of $40,000 for the year The company declared dividends of $250,000 and pand dividends of $370,000 The company has a tax rate of 2017 Given this information, determine the ending balance of acculand comprehensive income and retained earning Retained earnings would have a credit balance of $2.120.000 and accumulated other comprehensive income would have a credit balance of $20.000 Retained earnings would have a credt balance of 52.490.000 and accumulated the comprehensive income would have a dedit balance of S212.000 Retained earnings would have a credit balance of $2.240.000 and accumulated other comprehensive income would have a credit balance of 538.000 Retained earnings would have a credit balance of 52.240.000 and accumulated other comprehensive income would have a credit balance of 590.000 Retained earnings would have a credit balance of 52.120.000 and accumulated other comprehensive income would have a credit balance of 190.000 Questions Moving to another question will save this response
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