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The following information is available for Zephyr Company before closing the accounts. After all of the closing entries are made, what will be the balance

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The following information is available for Zephyr Company before closing the accounts. After all of the closing entries are made, what will be the balance in the Retained earnings account? Net income Retained earnings Dividends $124,200 118,000 45,000 Multiple Choice O $124,200. O $242.200 O $276,400 O $197,200 $124,200. $242,200. $276,400. $197,200, $1,028,800

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