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Given the following information about a corporation's 2021 activities, what is the retained earnings at the end of the 2021 ? Retained earnings, January 1,
Given the following information about a corporation's 2021 activities, what is the retained earnings at the end of the 2021?
Retained earnings, January 1, 2021 | $300,000 |
Net income | 295,000 |
Cash dividend | 75,000 |
Stock dividend | 20,000 |
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