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19. The net income of Harriet, Inc. for the year is $35,000. The dividends declared during the year were $43,000. Which of the following statements

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19. The net income of Harriet, Inc. for the year is $35,000. The dividends declared during the year were $43,000. Which of the following statements is true? A. B. C. D. Retained Earnings account decreases by $35,000. Retained Earnings account decreases by $8,000 Retained Earnings will remain the same. Retained Earnings account increases by $43,000

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