Answer:
The ending balance for Retained Earnings is $850,000.
Explanation:
<u>Statement of Retained Earnings</u>
Retained Earnings balance at Start 650,000
Add: Net Income <u>400,000</u>
Total Retained Earnings 1,050,000
Less: Declared Cash Dividends (100,000)
Restriction for plant expansion (50,000)
Declared Stock Dividend <u>(50,000)</u>
Retained Earnings at end <u>850,000</u>