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Bramble Co. had retained earnings of $32200 on the balance sheet but disclosed in the footnotes that $3800 of retained earnings was restricted for building

Bramble Co. had retained earnings of $32200 on the balance sheet but disclosed in the footnotes that $3800 of retained earnings was restricted for building expansion and $3000 was restricted for bond repayments. Cash of $4500 had been set aside for the plant expansion. How much of retained earnings is available for dividends?

A.$28400 B.$25400 C.$32200 D.$20900

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