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Ending retained earnings for a period is equal to: 1) Beginning retained earnings - Net income - Dividends 2) Beginning retained earnings + Net income

Ending retained earnings for a period is equal to:

1) Beginning retained earnings - Net income - Dividends

2) Beginning retained earnings + Net income - Dividends

3) Beginning retained earnings - Net income + Dividends

4) Beginning retained earnings + Net income + Dividends

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