Question

Atlantic Corporation reported the following amounts at the end of the first year of operations Common stock $ 200,000 Sales revenue $ 800,000 Total assets $ 600,000 Dividends declared $ 40,000 Total liabilities $ 320,000 What are the retained earnings of Atlantic at the end of the year, and what amount of expenses were incurred during the year

Answer 1

Answer:

4567

Explanation:

4567