Sheridan Company started the year with $50400 in its Common Stock account and a credit balance in Retained Earnings of $37000. During the year, the company earned net income of $40300, and declared and paid $16900 of dividends, In addition, the company sold additional common stock amotinting to $23500. The amount reported for ending retained earnings on the retained earnings statement would be $110900 $84000 $60500. $134400