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Compary X pald out $60,000 of common dividends during the year. It ended the year with $450,000 of Retained Eamings compared to the prior year's

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Compary X pald out $60,000 of common dividends during the year. It ended the year with $450,000 of Retained Eamings compared to the prior year's Retained Earnings of $340,000. How much Net income did the compary earn during the year? 110,000 850000 730000 50000 170000

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