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Brief Exercise 11-10 For the year ending December 31, 2017, Soto Inc. reports net income $150,000 and dividends $86,000 Prepare the retained earnings statement for

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Brief Exercise 11-10 For the year ending December 31, 2017, Soto Inc. reports net income $150,000 and dividends $86,000 Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2017, was $235,000. SOTO INC. Retained Earnings Statement

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