the following information for the current year was obtained from the accounting reco 4375493

The following information for the current year was obtained from the accounting records of Safari Supplies Corporation: Retained earnings, beginning……………………………….. $ 96,000 Retained earnings, ending…………………………………… 105,600 Sales…………………………………………………………. 448,800 Cost of goods sold…………………………………………… 272,000 Selling expenses……………………………………………… 63,300 General and administrative expenses………………………… 38,800 Dividend revenue……………………………………………. 4,800 Interest revenue……………………………………………… 2,200 Interest expense……………………………………………… 1,200 Income taxes expense……………………………………….. 26,400 Required: Calculate the following items: a. Total revenues b. Total expenses c. Net earnings d. Dividends declared View Solution:
The following information for the current year was obtained from

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