Which of the following statements is true regarding the financial statements of a retail company? a. The ending balance in the Cash account and the gross income for the year are equal. b. The dividend is added to the beginning balance of the Retained Earnings account to calculate the ending balance of the Retained Earnings account. c. The net income is added to the beginning balance of the Retained Earnings account to calculate the ending balance of the Retained Earnings account. d. The ending balance in the Cash account and the net increase in cash during the year are equal.