The Following Selected Amounts Are Available for Thomas Company What Is Its Ending Retained Earnings Balance?
A) $2,200

question 213

Multiple Choice

The following selected amounts are available for Thomas Company. $\begin{array}{lr}\text { Retained earnings (beginning) } & \$ 2,500 \\\text { Net loss } & 200 \\\text { Cash dividends declared } & 200 \\\text { Stock dividends declared } & 200\end{array}$ What is its ending Retained Earnings balance?

• A) $2,200.
• B) $2,300.
• C) $1,900.
• D) $2,100.