Homework Answers
Answer : $7458
| Retained Earnings, Beginning | $3608 |
| Add: Net Income | $4614 |
| Less: Dividends | $764 |
| Retained Earnings, Ending | $7458 |
Net Income
= Fees Earned - Wages Expense - Rent Expense - Utilities Expense - Depreciation Expense - Miscellaneous Expense
= 8471 - 2378 - 814 -431 -157 -77
=$4614
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