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33333 A company had a beginning balance in retained earnings of $420,000. It had net income of $60,000 and paid out cash dividends of $65,000

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33333 A company had a beginning balance in retained earnings of $420,000. It had net income of $60,000 and paid out cash dividends of $65,000 in the current period. The ending balance in retained earnings equals: $545,00 0. $425,00 O. $485,00 0. $360,00 O. $415,00 0

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