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A company currently has following in their equity account common stock 30,460 retained earnings and 69,104 , suppose next year the company generates $42,300 net

A company currently has following in their equity account common stock 30,460 retained earnings and 69,104 , suppose next year the company generates $42,300 net profit and declars and payes 16,000 in divedends what will be their ending balance in retained earnings next year

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