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HUD, Co. had a beginning retained earnings of $29,630. For the year, the company had net income of $6,365 and paid dividends of $2,455. The

HUD, Co. had a beginning retained earnings of $29,630. For the year, the company had net income of $6,365 and paid dividends of $2,455. The company also issued $4,305 in new stock during the year. What is the ending retained earnings balance?

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