Windsor, Inc. began the year with retained earnings of $107000. During 2022, the company issued $79500 of common stock for cash. The company recorded revenues of $760000, expenses of $627000, and paid dividends of $38000. What was Windsor's ne income for the year 2022? $133000 O $95000 O $212500 O $174500

Windsor, Inc. began the year with retained earnings of $107000. During 2022, the company issued $79500 of common stock for cash. The company recorded revenues of $760000, expenses of $627000, and paid dividends of $38000. What was Windsor's ne income for the year 2022? $133000 O $95000 O $212500 O $174500

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 16EA: Montana Incorporated began the year with a retained earnings balance of $50,000. The company paid a...

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