Transcribed image text: Business Course * Return to course H: My Subscriptions KEXIANG ZHAO(John) eBook B Print Question 3 Not complete Marked out of 2.00 P Flag question Determination of Retained Earnings and Net Income The following information appears in the records of Bock Corporation at the end of the year: Accounts Receivable $29,900 Retained Earnings Accounts Payable 14,300 Supplies $9,100 Cash 10,400 Equipment 182,000 Common Stock 143,000 Support a. Calculate the amount of retained earnings at the end of the year. b. Using your answer from part a, if the amount of the retained earnings at the beginning of 2012 was $39,000 and dividends were paid in the amount of $15,600 during 2012, what was the company's net income for 2012? a. Retained Earnings Balance at year-end. $ 0 b. Net Income for the year. $ 0 Check Previous B Save Answers Finish attempt ... > Copyright 2020 Cambridge Business Publishers, All Rights Reserved | Terms of Use Privacy Policy Return Policy. User Guide Browser Support