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A company had a beginning balance in retained earnings of $43,800. It had net income of $6,800 and declared and paid cash dividends of $5,825

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A company had a beginning balance in retained earnings of $43,800. It had net income of $6,800 and declared and paid cash dividends of $5,825 in the current period. The ending balance in retained earnings equals: Multiple Choice $56,425. $42,825 $12,625 $44,775 $5.825

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