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During 2022, its first year of operations, Waterway Industries had revenues of $143000 and expenses of $72600. The business paid cash dividends of $39600. What

During 2022, its first year of operations, Waterway Industries had revenues of $143000 and expenses of $72600. The business paid cash dividends of $39600. What is the balance in Retained Earnings at December 31, 2022? $30800 credit $39600 debit $70400 credit $0image text in transcribed

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