The accountant for Huckleberry 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 Cash dividends declared for the year Net income for the year $160,000 $49,600 $96,500 What is the ending balance for retained earnings? $277,500. $13,900 $256,500 $206,900. o $110,400