Calculate retained earnings from following

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Reference no: EM13387366

Calculate retained earnings from following data:

Retained Earnings December 31, 2014..........................................$245,200

Net Decrease in total assets during 2014.......................................$37,400

Net Increase in accounts receivables in 2014................................$8,600

Dividends declared and paid in 2014...............................................$33,600

Proceeds from issuance of bonds during 2014.............................$88,400

Net Loss for the year ended December 31,2014............................$23,000

Reference no: EM13387366

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