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Posted on Sep 30, 2024

if the beginning balance of retained earnings is $ 1 8 0 , 0 0 0 , revenue is $ 8 5 , 0 0

if the beginning balance of retained earnings is $

180, 000,

revenue is $

85, 000,

expenses total $

35, 000,

and the company declares and pays a $

20, 000

dividend, what is the ending balance of retained earnings?

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