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At the beginning of the year, a company's balance sheet reported the following balances: Total Assets - $160,000; Total Liabilities - $24,080; Total Pald-in capital

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At the beginning of the year, a company's balance sheet reported the following balances: Total Assets - $160,000; Total Liabilities - $24,080; Total Pald-in capital of $56,170; and Retained earnings = $79,750. During the year, the company reported revenues of $49,150 and expenses of $32,100. In addition, dividends for the year totaled $21,400. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be

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