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HUD Company had a beginning retained earnings of $28,850. For the year, the company had net income of $5,665 and paid dividends of $2,075. The
HUD Company had a beginning retained earnings of $28,850. For the year, the company had net income of $5,665 and paid dividends of $2,075. The company also issued $3,725 in new stock during the year. What is the ending retained earnings balance?
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