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Tisane Co. began its first year of operations on January 1, 20x6. Below is data relating to the company's first two years of operations: 20x6

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Tisane Co. began its first year of operations on January 1, 20x6. Below is data relating to the company's first two years of operations: 20x6 20x7 Net Income $5014 656 $9236 1120 Dividends Declared What is Tisane's ending Retained Earnings balance as at December 31, 20x7? Select one: O a. $8116 O b. $9236 O c. $12474 O d. $13594

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