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Happy Corporation reports the following information: Happy is subject to 20% income tax rate. What amount should Happy report as retained earnings on 12/31/2020 ?

Happy Corporation reports the following information: Happy is subject to 20% income tax rate. What amount should Happy report as retained earnings on 12/31/2020 ? Example of Answer: 4000 (No comma, space, decimal point, or $ sign) Answer: 9330000

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