Round all dollar amounts to the nearest dollar.   Yoshi Corp…

Round all dollar amounts to the nearest dollar.   Yoshi Corp., a calendar year company, was incorporated on July 1, 2021. During 2021, Yoshi earned revenue of $549,000 and incurred expenses of $368,000. Yoshi paid $29,000 in dividends and issued $47,000 in additional stock. Yoshi has an ending cash balance of $79,000. What is Yoshi’s balance in Retained Earnings on December 31, 2021?

Hyrule Inc., a calendar year company, began business on Janu…

Hyrule Inc., a calendar year company, began business on January 1, 2021. On December 31, 2021, Hyrule had total assets of $445,000 and total liabilities of $200,000. Hyrule reported net income of $100,000 and paid dividends of $30,000 in 2021. Assuming that Hyrule’s only permanent equity accounts are Capital Stock and Retained Earnings, what is Hyrule’s 2021 ending balance in Capital Stock?