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Badger 's Inc's retained earnings increased $40,000 during 2021. What was the firm's 2021 net income or loss given that Badger's declared $35,000 of dividends

Badger 's Inc's retained earnings increased $40,000 during 2021.

What was the firm's 2021 net income or loss given that Badger's declared $35,000 of dividends during 2021?

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