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Below is the Retained Earnings account for the year 2025 for Bonita Corp. Retained earnings, danuary 1,2025 $265,200 (a) Prepare a corrected retained earnings statement.

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Below is the Retained Earnings account for the year 2025 for Bonita Corp. Retained earnings, danuary 1,2025 $265,200 (a) Prepare a corrected retained earnings statement. Bonita Corp. normally sells investments of the type mentioned above. FIFO inventory was used in 2025 to compute net income. (List items that increase adjusted retained earnings first.) (a) Prepare a corrected retained earnings statement. Bonita Corp. normally sells investments of the type mentioned above. FIFO inventory was used in 2025 to compute net income. (List items that increase adjusted retained earnings first.)

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