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25 of 25 A company gets $10,000 cash from its owners when it is started at the beginning of Year One. It gets another

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25 of 25 A company gets $10,000 cash from its owners when it is started at the beginning of Year One. It gets another $15,000 from a bank loan. Revenues for that year were $70,000, expenses were $40,000, and dividends paid to the owners were $3,000. The retained earnings balance at the start of Year Two was $38,000 $55,000 $25,000 $30,000 Finish

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