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1. (5 points) At the beginning of 2021, the United Corp. had Retained Earnings in the amount of $800,000. Its net income for 2021 was

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1. (5 points) At the beginning of 2021, the United Corp. had Retained Earnings in the amount of $800,000. Its net income for 2021 was $90,000. It paid a dividend in 2021 of $20,000 Required: What is the amount of its Retained Earnings at the end of 2021

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