X Your answer is incorrect. At the beginning of 2021, Bonita Industries had retained earnings of $409000. During the year Bonita reported net income of $100000, sold treasury stock at a "gain" of $35300, declared a cash dividend of $58100, and declared and issued a small stock dividend of 3060 shares ($10 par value) when the fair value of the stock was $18 per share. The amount of retained earnings available for dividends at the end of 2021 was $455600 $431120 O $420300 $395820