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A company's retained earnings increased 5389.00 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 5389.00 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? O 5303.000 $512 000 O $389,000 $475,000

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