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Help needed ASAP Nade Products provided the following information for the current year ended December 31: Retained earnings, beginning $720,000 Common stock, beginning 680,000 Accumulated
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Nade Products provided the following information for the current year ended December 31: Retained earnings, beginning $720,000 Common stock, beginning 680,000 Accumulated other comprehensive income (loss), beginning (53,000) Net income 81.000 Unrealized gain on available-for-sale debt securities 17,000 Realized gain on trading portfolio 32.500 Interest expense 23.000 Dividends declared 16,000 New issue of common stock 43,000 The company's tax rate is 40%. Answer the following questions: What is the ending balance of Retained Earnings on the Statement of Stockholders' EquityStep by Step Solution
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