Tamarisk, Inc. started the year with $62400 in its Common Stock account and a credit balance in Retained Earnings of $45800. During the year, the company earned net income of $49900, and declared and paid $20800 of dividends. In addition, the company sold additional common stock amounting to $29100. As a result, the balance in retained earnings at the end of the year would be a. b. c. d. $137300. $104000 $166400 $74900 Answer: Multiple Choice Question 135 In the first month of operations, the total of the debit entries to the Cash account amounted to $6440 and the total of the credit entries to the Cash account amounted to $3680. At the end of the month, the Cash account has a b. $6440 debit balance $3680 credit balance $2760 credit balance. $2760 debit balance. d