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Byblos has completed its fiscal year and reported the following information. The company had current assets of $153,413 and net fixed assets of $420,153. The
Byblos has completed its fiscal year and reported the following information. The company had current assets of $153,413 and net fixed assets of $420,153. The firm also has current liabilities worth $65,314, long-term debt of $178,334, and the sum of paid-in capital and premium (capital surplus) of common stock of $162,000. How much accumulated retained earnings does the firm have?
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