For the year ending December 31, 2022, Swifty Inc. reports net income $144,000 and cash dividends $87,000. Determine the balance in retained earnings at December 31, assuming the balance in retained earnings on January 1, 2022, was $222,000.

$279,000

Explanation:

Particulars                                           Amount

Retained earnings  Jan. 1, 2022       $222,000

Add: Net Income                                $144,000

Sub-total                                             $366,000

Less: Dividend declared                    $87,000

Retained earnings  Jan. 31, 2022   $279,000

answer: life insurance

explanation:

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.