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Company has these amounts at end of first year: Common stock $200,000 Sales revenue 800,000 Total assets 600,000 Dividends paid 40,000 Total liabilities 320,000 What

Company has these amounts at end of first year:

Common stock $200,000

Sales revenue 800,000

Total assets 600,000

Dividends paid 40,000

Total liabilities 320,000

What are retained earnings?

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