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6 A corporation had year end 2018 and 2019 retained earnings balances of $320,000 and $400, respectively. The firm reported net profits after taxes of

6 A corporation had year end 2018 and 2019 retained earnings balances of $320,000 and $400, respectively. The firm reported net profits after taxes of $100,000 in 2019. The firm paid dividends in 2019 of (2 points) $80,000 $0. none of the above $20,000

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