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HUD Company had a beginning retained earnings of $29,435. For the year, the company had net income of $6,190 and paid dividends of $2,360. The

HUD Company had a beginning retained earnings of $29,435. For the year, the company had net income of $6,190 and paid dividends of $2,360. The company also issued $4,160 in new stock during the year. What is the ending retained earnings balance? Multiple Choice $33,265 $31,795 $33,595 $29,105

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