Over the past year Collins Company has issued $200,000 in common shares and paid $125,000 in cash dividends.The company started the year with retained earnings of $500,000 and ended the year with $700,000,while realizing $1,550,000 in revenues.What were the expenses realized for Collins Co.for the year?

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The Answer of Over the past year Collins Company has issued $200,000 in common shares and paid $125,000 in cash dividends.The company started the year with retained earnings of $500,000 and ended the year with $700,000,while realizing $1,550,000 in revenues.What were the expenses realized for Collins Co.for the year?

Over the Past Year Collins Company Has Issued $200,000 in Common