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2 pts D Question 7 USE THE FOLLOWING INFORMATION FOR QUESTIONS #7 & 8. The 2020 year-end financial statements of Sam's Office Supply Co. contained

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2 pts D Question 7 USE THE FOLLOWING INFORMATION FOR QUESTIONS #7 & 8. The 2020 year-end financial statements of Sam's Office Supply Co. contained the following elements and corresponding amounts: Assets - $20,000; Common Stock - $10,000; Revenue - $10,000: Dividends - $1,000: 2020 Ending Retained Earnings - $8,000. The balance of Retained Earnings at the beginning of 2020 was $4,000. What were Expenses during 2020? $6,000 $5,000 $8,750 $4,250

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