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Atlantic Corporation reported the following amounts at the end of the first year of operations: Common stock Sales revenue Total assets Dividends declared Total liabilities

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Atlantic Corporation reported the following amounts at the end of the first year of operations: Common stock Sales revenue Total assets Dividends declared Total liabilities $270,000 $940,000 $740,000 $ 65,000 $410,000 What are the retained earnings of Atlantic at the end of the year, and what amount of expenses were incurred during the year

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