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Bonita Industries began the year with retained earnings of $420000. During the year, the company recorded revenues of $490000, expenses of $382000, and paid dividends
Bonita Industries began the year with retained earnings of $420000. During the year, the company recorded revenues of $490000, expenses of $382000, and paid dividends of $37500. What was Bonita's retained earnings balance at the end of the year? O $527500 O $827500 O $490000 O $490500
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