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Business, 01.12.2020 16:40 wyattlb97

The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2018. 2016 2017 2018
Net Income: $1,200 -$500 $2,300
Net Cash Flows: $500 $300 $2,800
Dividends: $200 $0 $200
Issuance of Stock: $2,000 $0 $0
A) $4,600
B) $2,600
C) $3,100
D) $3,500

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