Question : 189.The following facts pertain to Rojas Corporation: Retained Earnings balance, December : 1244214
189.The following facts pertain to Rojas Corporation: Retained Earnings balance, December 31, 20×7 $550,000 Cash dividends declared and paid in 20×8 60,000 Cash dividends declared but not paid in 20×8 20,000 Retained Earnings balance reported on December 31, 20×8, balance sheet 675,000 On the basis of these facts, compute the amount of net income (loss) for Rojas Corporation for 20×8. […]