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HUD, Co. had a beginning retained earnings of $31,190. For the year, the company had net income of $7,765 and paid dividends of $3,215. The

HUD, Co. had a beginning retained earnings of $31,190. For the year, the company had net income of $7,765 and paid dividends of $3,215. The company also issued $5,465 in new stock during the year. What is the ending retained earnings balance? Multiple Choice $34,405 $35,740 $36.655

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