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A Moving to another question will save this response Question of 25 estion 3 1 points Rosali Corporation had retained earnings of $850,000 at January

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A Moving to another question will save this response Question of 25 estion 3 1 points Rosali Corporation had retained earnings of $850,000 at January 1, 2015. During the year the company generated a net income of $150,000 and dedared share dividends of $50,000. It was discovered during 2015 that $40,000 of doing costs on a 2014 purchase of land was debited to Maintenance Expense. The income tax rate is 30. Determine the retained earnings balance December 31.2015 a. 1960,000 b. 99.000 O 997,000 0.9910,000 Att another questo il save this response 25

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