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During its first five years of operations, Red Rolder Consulting reports net income and pays dividends as follows Required: Calculate the balance of retained earnings

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During its first five years of operations, Red Rolder Consulting reports net income and pays dividends as follows Required: Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $0 at the beginning of your 1 Yeticom Dividers and Earnings 1 1.300 10 2 1.000 620 2300 14100 4 3.400 1.100 4,000 1,100

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