Which of the following best describes stockholders equity The difference between the paid in capital and retained earnings. The sum of what the initial stockholders paid when they bought comparty shares and the earnings that the company has retained over the Year Purple Dog Pet fupply the (POP) and its annual results and financial statements. Kate is reading the summary on Purple Dog website. In its armuat report this year Pops reported a net income of $195,000. Last year, the company reported a retained earnings balance of $385,000, whereas this year it increased to $700,000, If Purple Dog Pet Supply inc. bald out dividends this year, how much did they pay out? $340,000 $90,000 $300,000 $1.295.000