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The Toy Store has beginning retained earnings of $28, 975 For the year, the company earned net income of $4, 680 and paid dividends of

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The Toy Store has beginning retained earnings of $28, 975 For the year, the company earned net income of $4, 680 and paid dividends of $1, 600 The company also issued $3,000 worth of new stock What is the value of the retained earnings account at the end of the year? $22, 695 $35, 255 $32, 055 $27, 375 $20, 445

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