At January 1, 2022, Troyer Industries reported Retained Earnings of $350,000.During 2022, Troyer had a net loss of $75,000 and paid dividends to the stockholders of $50,000.At December 31, 2022, the balance in Retained Earnings is

Question

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The retained earnings at the end of the year is calculated as the beginning retained earnings minus the net loss and minus the dividends paid. So, $350,000 - $75,000 - $50,000 = $225,000 credit.

At January 1, 2022, Troyer Industries Reported Retained Earnings of $350,000.During