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1 points Save Ans Best Corporation has retained earnings of $620,000 at January 1, 2015. Net income during 2015 was $1,400,000, and cash dividends declared

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1 points Save Ans Best Corporation has retained earnings of $620,000 at January 1, 2015. Net income during 2015 was $1,400,000, and cash dividends declared and paid during 2015 totaled $75,000.. Assume an error was discovered: Land costing $80,000 (net of tax) was charged to repairs expense in 2014. Required: How much is the adjusted retained earnings balance at 1st January 2015. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial 14px IK Y o x X & > T ABC 15 HE EX :) ky

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