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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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