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Tron Inc was started in January 20x8. Within the first 2 years of operations they earned a net income in 20x8 of $2,740 and in

Tron Inc was started in January 20x8. Within the first 2 years of operations they earned a net income in 20x8 of $2,740 and in 20x9 of $4,270. Tron Inc declared dividends in 20x8 of $880 but did not declare any in 20x9. As of January 1st 20x8 a private investor invested $2,400 in the common shares of Tron Inc. Prepare a statement of Retained Earnings for 20x9. Jacques Maurice & Rebecca Renfroe, 202027

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