Revenues were $149,000 style=”background-color:transparent;
Revenues were $149,000 style=”background-color:transparent;color:rgb(0,0,0);”>, expenses were $ 144,000, and cash dividends declared and paid were $2,000. What were the net income and the change in retained earnings for the period?A.Net income was$5,000; the change in retained earnings was $3,000.B.Net income was $149,000; the change in retained earnings was $147,000.C.Net income was $5,000; the change in retained earnings […]