Question 18 (5 points) On January 1, 2022, Teton Corporation had retained earnings of $11,220,000. During 2022, Teton re
Posted: Sun Jun 05, 2022 5:21 pm
Question 18 (5 points) On January 1, 2022, Teton Corporation had retained earnings of $11,220,000. During 2022, Teton reported net income of $2,105,000, declared dividends of $705,000, and issued common stock for $1,410,000. What were Teton's retained earnings on December 31, 2022? $13,325,000 $9,810,000 $14,735,000 $10,515,000 $12,620,000