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Find what was the companys revenue for the year

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Reference no: EM132497241

Question 1: Sheridan Company began the year with retained earnings of $303000. During the year, the company issued $416000 of common stock, recorded expenses of $1270000, and paid dividends of $81400. If Sheridan's ending retained earnings was $323000, what was the company's revenue for the year?

Option 1: $1290000

Option 2: $1706000

Option 3: $1787400

Option 4: $1371400

Reference no: EM132497241

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