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Consider each of the following independent situations: Required: For each situation, calculate the missing amount. Beginning Net Income for Dividends for the Year Ending

 

Consider each of the following independent situations: Required: For each situation, calculate the missing amount. Beginning Net Income for Dividends for the Year Ending Retained Earnings Retained Earnings 363,000 $ 555,000 S the Year a. $ 128,000 $ 23,000 b. 244,000 700,000 52,000 $ 35,000 $ C. 298,000 $ 321,000 d. 175,000 $ 426,000 %24 %24 %24

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