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For the year ending December 31, 2022, Waterway Inc. reports net income $141,000 and cash dividends $85,500. Determine the balance in retained earnings at December

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For the year ending December 31, 2022, Waterway Inc. reports net income $141,000 and cash dividends $85,500. Determine the balance in retained earnings at December 31, assuming the balance in retained earnings on January 1, 2022, was $220,500. Balance in retained earnings ta $

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