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The following information was provided for Balog Business Enterprises for the past year: The illustration shows some equity accounts and balances. The first line is
The following information was provided for Balog Business Enterprises for the past year: The illustration shows some equity accounts and balances. The first line is titled Shareholders capital, beginning and shows the amount $3,592,000. The second line is titled Shareholders capital, ending, and shows the amount 4,408,000. The next line is titled Retained earnings, beginning and has the amount 843,000. The last line is titled Retained earnings, ending, and has the amount 893,000. If the return on equity
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