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Marigold retained earnings on december

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Reference no: EM133046600

Marigold Corp. compiled the following financial information as of December 31, 2022:

Service revenue

$ 1128000

Common stock

  230000

Equipment

  319000

Operating expenses

  943000

Cash

  276000

Dividends

    80000

Supplies

    40000

Accounts payable

  174000

Accounts receivable

    392000

Retained earnings, 1/1/22

  615000

Marigold's retained earnings on December 31, 2022 are:

  • $43000.
  • $720000.
  • $735000.
  • $606000.

Reference no: EM133046600

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