End R.E. = begin R.E. + profit - dividends paid
= 80,000 + 225,000 - 15,000
= $290,000
company x had a begining retained earning of $80,000. the company sold 1000 shares of common stock for $45 during the period. during the year the company had profit of $225, 000 and paid dividends of $15,000. What is the ending balance in Retained earnings. Please show calculations.
