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Coronado Industries began the year with retained earnings of $392000. During the year, the company recorded revenues of $497000, expenses of $376000, and paid dividends

Coronado Industries began the year with retained earnings of $392000. During the year, the company recorded revenues of $497000, expenses of $376000, and paid dividends of $36000. What was Coronado's retained earnings at the end of the year?

$533000

$477000

$497000

$837000

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