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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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