SL StraighterLine Bookshelf: Fund x _ StraighterLine Bookshelf: Fund x - erline.com/mod/quiz/attempt.php?attempt=4889637&page=1 College Credit Credit Transfer My Line Help Center Live Chat (877) 787-83 Topic 7: Manufacturing Accounting Alvarez Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $233, 000 Cash dividends declared for the year 50, 000 Proceeds from the sale of equipment 85 , 000 Gain on the sale of equipment 4 , 500 Cash dividends payable at the beginning of the year 22, 000 Cash dividends payable at the end of the year 30 , 000 Net income for the year 110 , 000 The ending balance in retained earnings is: Select one: O a. $343,000. b. $213,000 c. $293,000 O d. $297,500 O e. $301,000 PREVIOUS PAGE NEX Quiz navigation 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 MacBook Air F3