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S o unded in 2012 Net income Net income Net income Net income yearly earnings and dividend payments are shown here! 54.000 paid zero dividends

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S o unded in 2012 Net income Net income Net income Net income yearly earnings and dividend payments are shown here! 54.000 paid zero dividends $20,000 paid $10,000 dividends $8.000 paid $5.000 dividends $22.000 paid zero dividends 2015- At the end of 2015, the balance in the Retained Earnings account would be $10.000 $15.000 525.000 525.000

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