At december 31, 2014, shorts company had retained earnings of $2,184,000. during 2014, the company issued stock for $98,000, and paid dividends of $34,000. net income for 2014 was $402,000. how much was the retained earnings balance at the beginning of 2014?

The retained earnings balance at the beginning of 2014 is $1,816,000

Explanation:

In this question, we have to apply the ending retained earning formula which is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

$2,184,000 = Beginning balance of retained earnings + $402,000 - $34,000

$2,184,000 = Beginning balance of retained earnings + $368,000

So, the Beginning balance of retained earnings would  equal to

= $2,184,000 -  $368,000

=  $1,816,000

start by isolating the variable on one side by adding 43w^2 to both sides.   the equation will read:

25w^2+5=0

*subtract 5 from both sides*

25w^2=-5

*divide both sides by 25*

w^2=-1/5

*take the square root of both sides*

w=√(-1/5)

the square root of -1 is i.   the square root of 5 remains √5

the answer is i/√5.

hope this

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