Echo Corporation is into farming tractor-manufacturing business.
At the end of year 1, their retained earnings are $250, and cash is $100.
In year 2, Echo makes a net loss of $30.
In year 3, Echo makes a net profit of $50 and also issues dividends of $25 to its shareholders.
Due to these transactions, what will be the Retained Earnings on Echo's Balance Sheet after Year 3? What will be cash after year 3?