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Hoosier Company earned $ 9 , 5 0 0 of service revenue on account during Year 1 . The company collected $ 8 , 0

Hoosier Company earned $

9, 500

of service revenue on account during Year

1 .

The company collected $

8, 075

cash from accounts receivable during Year

1 .

What was the ending retained earnings balance for Year

1 ?

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