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Daruk Industries paid out $53,250 of common dividends during the year. It ended the year with $395,000 of Retained Earnings compared to the prior year's

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Daruk Industries paid out $53,250 of common dividends during the year. It ended the year with $395,000 of Retained Earnings compared to the prior year's Retained Earnings of $330,000. How much Net Income did the company earn during the year? O 778,250 118,250 0 671,750 65,000 O 11,750

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