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A company's retained earnings increased $389.000 last year and its assets increased $987,000. The company declared a $86,000 cash dividend during the year. What was

A company's retained earnings increased $389.000 last year and its assets increased $987,000. The company declared a $86,000 cash dividend during the year. What was last year's net income? 5303.000 $512,000 O $389,000 O $475,000

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