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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
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 $14 million. Therefore, Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a Wheeler paid a dividend in 2010 of $8 million b Wheeler paid a dividend in 2010 of $2 million c Wheeler sold common stock during 2010 for $5 million d Wheeler purchased treasury stock in 2010 for $2 million
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