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Sammy's Pizza opened on January 1 Year 1. Sammy's reported the following for cash revenues and to 3: Year 1 Year 2 Year 3 Cash
Sammy's Pizza opened on January 1 Year 1. Sammy's reported the following for cash revenues and to 3: Year 1 Year 2 Year 3 Cash Revenues $18,000 $ 28,00 $38,000 Cash Expenses $10,000 $13,000 $21,000 Required 6. What would Sammy's Pizza report for net income and retained earnings for the Years 1.2 and 3 c. Assume that Sammy's Pizza paid a $4,500 dividend to stockholders in Year 2. What would Sammy retained earnings for Year 2 and Year 37
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