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During 2019, Bascom Bakery paid out $29,588 of common dividends. It ended the year with $208,758 of retained earnings versus the prior years retained earnings

During 2019, Bascom Bakery paid out $29,588 of common dividends. It ended the year with $208,758 of retained earnings versus the prior years retained earnings of $159,600. How much net income did the firm earn during the year?

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$78,746

$82,683

$74,996

$86,186

$71,425

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