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Swifty Corporation compiled the following financial information as of December 31, 2022: Service revenue $848000 Common stock 179000 Equipment 247000 Operating expenses 729000 Cash 223000
Swifty Corporation compiled the following financial information as of December 31, 2022:
| Service revenue | $848000 |
| Common stock | 179000 |
| Equipment | 247000 |
| Operating expenses | 729000 |
| Cash | 223000 |
| Dividends | 62000 |
| Supplies | 32000 |
| Accounts payable | 119000 |
| Accounts receivable | 90000 |
| Retained earnings, 1/1/22 | 450000 |
Swifty's retained earnings on December 31, 2022 are:
$450000.
$542000.
$32000.
$507000.
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