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At the end of the year, retained earnings totaled $2,700. During the year net income was $750, and dividends of $240 were declared and paid.

At the end of the year, retained earnings totaled $2,700. During the year net income was $750, and dividends of $240 were declared and paid. Retained earnings at the beginning of the year totaled:

$1,950

$1,710

$1,510

$2,190

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