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28-05-2023
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On December 31, 2020, Russel, Inc. reported retained earnings of $110,000. In 2021, Russel, Ind had revenues of $85,000 and expenses of $45,000. In addition, the business paid cash dividends in 2021 of $35.000. Given this information, what was Retained aarnings on Russel, Inc.'s balance sheet on December 31, 2021? a. $100.000 b. $115.000 c. $130.000 d. $155.000 e. None of the answers listed above is the correct a

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