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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $184,130 Total Liabilities $76,509 Retained Earnings $95,013 Suppose next year the

The Baldwin Company currently has the following balances on their balance sheet: Total Assets $184,130 Total Liabilities $76,509 Retained Earnings $95,013 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year?

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  • $35,408

  • $99,808

  • $410,652

  • $188,426

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