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Assume beginning retained earnings is $10,000, Net Income is $4,000, and Dividends are $2,000. What is the ending balance in retained earnings? O $14,000

Assume beginning retained earnings is $10,000, Net Income is $4,000, and Dividends are $2,000. What is the ending balance in retained earnings? O $14,000 O $16,000 O $2,000 O $12,000

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