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Determine the balance of the free or unrestricted retained earnings as of December 31. (5 II. points) Retained Earnings, beg 5,500,000 Appropriation reserve for Plant

Determine the balance of the free or unrestricted retained earnings as of December 31. (5 II. points) Retained Earnings, beg 5,500,000 Appropriation reserve for Plant Expansion 800,000 Cash dividend paid 1,550,000 Share Premium 600,000 Net Income 225,000image text in transcribed

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