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If service revenue is $230,000, total expenses are $205,000, additional capital stock issued of $11,000 and dividends declared are $1,000, what is the change in

If service revenue is $230,000, total expenses are $205,000, additional capital stock issued of $11,000 and dividends declared are $1,000, what is the change in retained earnings as a result of the closing process? A. An increase of $10,000 B. An increase of $1,000 O C. An increase of $230,000 D. An increase of $24,000

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