11 Harry Gryffindor is reviewing information related to the operations for Harry's Pottery, Inc. for 20x4. In preparing
Posted: Thu May 19, 2022 12:01 pm
11 Harry Gryffindor is reviewing information related to the operations for Harry's Pottery, Inc. for 20x4. In preparing Harry's statement of cash flows, the following information is available. 87 its 00:21:23 20x4 net income Dividends declared during 28x4 Gain recorded on sale of pottery kiln on March 17 Cash received from sale of pottery kiln on March 17 Retained earnings balance - January 1, 26x4 Cash dividends payable - January 1, 20x4 Cash dividends payable - December 31, 20x4 $ 101,000 55,000 8. Вев 90,000 135,800 27,000 30,880 On Harry's balance sheet dated December 31, 20x4, what amount does Harry report as his ending balance for retained earnings? Multiple Choice