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ABC Company has an ending Retained Earnings balance of $52,900. If during the year ABC paid dividends of $4,600 and had net income of $21,600,

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ABC Company has an ending Retained Earnings balance of $52,900. If during the year ABC paid dividends of $4,600 and had net income of $21,600, then what was the beginning Retained Earnings balance? Multiple Choice $68,200 $35,900 $26,700 $69,900

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