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ucal Vuiversity - Kudoone My courses 20203 : - Wheeler Corporation had retained earnings as of 12/31/10 of $15 million. During 2011, Wheeler's net Income

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ucal Vuiversity - Kudoone My courses 20203 : - Wheeler Corporation had retained earnings as of 12/31/10 of $15 million. During 2011, Wheeler's net Income was $7 million. The retained earnings balance at the end of 2011 was equal to $20 million. Therefore stion Select one: a. Wheeler purchased treasury stock in 2010 for $2 million b. Wheeler sold common stock during 2010 for $5 million c. Wheeler paid a dividend in 2010 of $2 million G d. Wheeler paid a dividend in 2010 of $5 million Next page Previous page

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