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HUD Company had a beginning retained earnings of $30,410. For the year, the company had net income of $7,065 and paid dividends of $2,835. The

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HUD Company had a beginning retained earnings of $30,410. For the year, the company had net income of $7,065 and paid dividends of $2,835. The company also issued $4,885 in new stock during the year. What is the ending retained earnings balance? Multiple Choice O $35,295 $33,245 O O $34,640 O $39,525 $29,755

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