two questions

Lisgar Corporation's shareholders' equity section at the beginning and end of 20x7 were as follows: Jan. 1, 20x7 Dec 31, 20x7 Common shares $794618 790625 Retained Earnings 516470 The following transactions took place during the year: Feb. 20 I ssued 5000 common shares for S111230 cash August 1 Retired 10000 common shares for $188273 Dec. 31 Reported net income of $160198 for the year What is Lisgar's Retained Earnings balance at the end of 20x7? Assume the company did not declare any dividends during the year Select one: a. $1394243 b. $676668 c. $443420 d $603618 Check ate Diamond Inc, had the following equity accounts on January 1, 20x3: Common shares (226386 issued) $825,000 Retained Earnings 947583 During the year 20x3, Diamond Inc. had the following equity transactions: Feb. 2 Issued 10495 common shares for $30.000 June 30 Effected a 2-for-1 stock split. Declared a $1.80 cash dividend per share to shareholders of record August 15, payable January 15, 20x4.. Dec 31 Annual net income of $512115. What is Diamond Inc.'s ending retained earnings balance? Select one: a. $606926 b. $1459698 c. $1246505 d. $1032312