Answer :
Answer:
$71,774 million
Explanation:
Data provided
Beginning retained earnings = $71,993 million
Net income = $7,215 million
Dividends = $7,448 million
Other transactions = $14 million
The computation of retained earnings is shown below:-
Beginning retained earnings + Net income - Dividends + Other transactions
= $71,993 million + $7,215 million - $7,448 million + $14 million
Balance of retained earning = $71,774 million