Week 1: QUIZ 6 Saved During its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Year Net Income Dividends 1 $2,500 $1,800 2 2,200 1,800 3 3,500 1,900 4 6 5,400 1,100 5 6,700 2,900 points Help Save & Exit Submit Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $0 at the beginning of year 1. Retained Year Earnings 1 2 3 4 5