Wave corporation began the current year with a retained earnings balance of $25,000. during the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $5,000 on equipment. also, during the current year, the company earned net income of $15,000 and declared cash dividends of $5,000. compute the year-end retained earnings balance.

$30,000.

Step-by-step explanation:

Wave Corporation began the current year with a retained earnings balance of $25,000.

Depreciation expense was of $5000

During the current year, the company earned net income of $15,000

Also gave cash dividends of $5,000.

So, year end retained earnings will be :

Year end retained balance = total net income minus net losses and dividends.

dollars

The answer is $30,000.

answer: $201

step-by-step explanation: to get the answer, you first get 3 nieces that he sold and multiply it by 67 and get $201, so he earned $201 selling his nieces.

the answer is 150.6

step-by-step explanation:

you multiply .02 by 30 and get .6.

and then you multiply 5.00 by 30 and get 150.

hope this !