Retained earnings, December 31, 2019 $ 378,540 Decrease in total liabilities during 2019 82,440 Gain on the sale of buildings during 2019 28,980 Dividends declared and paid in 2019 8,100 Proceeds from sale of common stock in 2019 88,920 Net income for the year ended December 31, 2019 40,680 From the above data, calculate the retained earnings balance as of December 31, 2015.

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.