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Calculate net income and the ending balance of retained earnings at December 3 1 , 2 0 2 5 . The financial statements of Blue

Calculate net income and the ending balance of retained earnings at December

31, 2025 .

The financial statements of Blue Spruce Ltd

.

include the following items at December

31, 2025 .

Net income

Ending balance of retained earnings $

eTextbook and Media

List of Accounts

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Fundamental financial accounting concepts

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