Spahr, inc. had beginning retained earnings of $ 125 comma 000 on january 1, 2018. during the year, spahr declared and paid $ 65 comma 000 of cash dividends and earned $ 90 comma 000 of net income. prepare a statement of retained earnings for spahr, inc. for the year ending december 31, 2018.

Explanation:

Preparation of the retained statement of earnings for the year ended 31 December 2018 is discussed below:

                                             Spahr, Inc.

                             Retained Earning statement

                    For the year ended December 31, 2018

Beginning retained earning balance $125,000

Add: Net income earned  $90,000

Less: Cash Dividend paid -$65,000

Ending retained earning balance                 $150,000

idk the answer so dont listen to me but 23

(75years ,i believe is the correct answer.good luck