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At January 1, 2018, Bakers Company retained earnings balance was $205,000. Assume that net income is $ 501,0000. Bakers Company declares and pay cash dividends

At January 1, 2018, Bakers Company retained earnings balance was $205,000.

Assume that net income is $ 501,0000. Bakers Company declares and pay cash dividends of $ 121,000 and share dividends of 51,000.

Prepare retained earnings statemen...

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