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If the beginning and ending balances in retained earnings are $12,000 and $10,800, respectively, and dividends paid during the year are $6,000, how much is
If the beginning and ending balances in retained earnings are $12,000 and $10,800, respectively, and dividends paid during the year are $6,000, how much is net income? Select one: a. $28,000 b. There is insufficient information to determine net income O C. $12,000 O d. $4,800
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