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The Vitamin Shop had beginning retained earnings of $19,780. During the year, the company reported sales of $82,170, costs of $67,707, depreciation of $7,100, dividends
The Vitamin Shop had beginning retained earnings of $19,780. During the year, the company reported sales of $82,170, costs of $67,707, depreciation of $7,100, dividends of $875, and interest paid of $542. The tax rate is 32%. What is the retained earnings balance at the end of the year? O $22,233.24 O $21,883.25 O $23,543.28 $23,783.24 O $22.193.95
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