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25. Oscar Company had the following account balances on 12/31/1. Prepare a Statement of Retained Earnings for Oscar. 5 Dividends $60,000 Retained Earnings, 1/1/X1$135,000 Net

25. Oscar Company had the following account balances on 12/31/1. Prepare a Statement of Retained Earnings for Oscar. 5 Dividends $60,000 Retained Earnings, 1/1/X1$135,000 Net Income $128,500

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