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AY Company has a beginning balance of Retained Earnings at $224,500. During the year, the company earned a loss of $98,500. It also paid cash

AY Company has a beginning balance of Retained Earnings at $224,500. During the year, the company earned a loss of $98,500. It also paid cash dividend of $6,250. Calculate the ending balance of Retained Earnings. Select one: a. $316,750 O b. $224,500 c. $329,250 Od. $119,750

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