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Company Zeta had retained earnings balance of $4 million in the previous year. In the current year, its net Income is $2.7 million. If it

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Company Zeta had retained earnings balance of $4 million in the previous year. In the current year, its net Income is $2.7 million. If it pays $1.1 million in ordinary dividends in the current year, what is the resulting earnings balance

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