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6 For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $154,900 and $205,900, respectively. Also during Year 2, the

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6 For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $154,900 and $205,900, respectively. Also during Year 2, the board of directors declared cash dividends of $22,700, which were paid during Year 2. The board also declared a stock dividend, which was issued and required a transfer in the amount of $17,500 to paid-in capital. Total expenses during Year 2 were $38,916. Based on this information, what was the amount of total revenue for Year 2?

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