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Graff Company had the following data for the month of November: Retained Earnings, November 1 = $ 1 0 , 0 0 0 Net Income

Graff Company had the following data for the month of November:

Retained Earnings, November

1 =

10, 000

Net Income

=

2, 000

Dividends

=

1, 200

What is the amount of Retained Earnings on November

30

for Graff Company?

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