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14. Roxanne's Delightful Candies, Inc. began the year with a retained earnings balance of $42,000. The company had a great year and earned a net
14.
Roxanne's Delightful Candies, Inc. began the year with a retained earnings balance of $42,000. The company had a great year and earned a net income of $82,000. However, the company's controller determined that it had made an error when calculating depreciation in the preced ing year, resulting in an understated deprecation expense amount of $1,900. What is the ending retained earnings balance Step by Step Solution
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