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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?
Group of answer choices
$78,746
$82,683
$74,996
$86,186
$71,425
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