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elty Companys year-end financial statements reported the following (in millions): Total assets $41,278 Total liabilities 29,465 Total shareholders equity 11,813 Dividends 205 Net income (loss)
elty Companys year-end financial statements reported the following (in millions):
Total assets | $41,278 |
Total liabilities | 29,465 |
Total shareholders equity | 11,813 |
Dividends | 205 |
Net income (loss) | 3,160 |
Retained earnings, Jan 1 | 11,425 |
What did Kelty Company report for retained earnings at December 31?
Select one:
a. $14,380 million
b. $14,790 million
c. $14,768 million
d. There is not enough information to determine the answer.
e. $14,585 million
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