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13. A corporation has a beginning retained earnings balance of $100,000. During the year, the company has revenue of $200,000, expenses of $160,000, and pays

13. A corporation has a beginning retained earnings balance of $100,000. During the year, the company has revenue of $200,000, expenses of $160,000, and pays dividends of $10,000. What is the ending retained earnings balance? (3.25 Points)

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