the Andrews company currently has the following balances in their equity accounts: Common Stock $100,522 Retained earnings $60,122

Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?

Select: 1

	$176,644
	$160,644
	$90,422
	$146,822