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Computing Elements of Equity From the information provided, determine: The amount of retained earnings at December 3 1 . The amount of revenues for the

Computing Elements of Equity

From the information provided, determine:

The amount of retained earnings at December

31 .

The amount of revenues for the period.

Additional data:

Expenses for the period were $

55, 000 .

Dividerids paid were $

9, 000 .

Capital stock increased by $

20, 000

during the period.

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