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What would Carla Vista report as the ending balance

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Question - For the year ended December 31, 2020, Carla Vista Co. reported the following:

Net income $307000

Preferred dividends declared 49500

Common dividend declared 9300

Unrealized holding loss, net of tax 5800

Retained earnings, beginning balance 412000

Common stock 201400

Accumulated Other Comprehensive Income,

Beginning Balance 24500

Required - What would Carla Vista report as the ending balance of Retained Earnings?

a. $684600

b. $654400

c. $660200

d. $713200

Reference no: EM132615152

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