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At the beginning of the year Retoined Earnings had a $44,000 ciedit balance During the yeac, the compnny had netireneme of sta. o00 and paid

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At the beginning of the year Retoined Earnings had a $44,000 ciedit balance During the yeac, the compnny had netireneme of sta. o00 and paid dividends of $8.000. What is the ending bailance of the Retoined Earnings account after yearend closing entries have been posted

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