The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: $ 163,000 Retained earnings balance at the beginning of the year Cash dividends declared for the year 50,800 98,000 Net income for the year What is the ending balance for retained earnings? Multiple Choice $14,200. $210,200. $261,000. $282,000. $112,200.

HELP

The accountant for T Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is availa Retained earnings balance at the beginning of the year Cash dividends declared for the year Net income for the year $163,00050,80098,000 What is the ending balance for retained eamings? Multiple Choice $14,200 $210.200 $261,000 $282,000 $112,200