Which financial statement is considered a link between the income statement and balance sheet?
a. statement of cash flows
b. statement of company assets
c. statement of company liquidity
d. statement of owner’s equity

See below

Explanation:

Given the above information,

Retained earnings balance as of December 31, 2015

Ending retained earnings = Beginning retained earnings + Net income for year ended - Dividends declared and paid in 2019

$210,300 = Beginning retained earnings + $22,600 - $4,500

Beginning retained earnings = $192,200

Therefore, retained earnings balance as of 31 December 2015 is $192,200