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Posted on Jun 07, 2024

If the beginning balance of retained earnings is $ 1 0 0 , 0 0 0 , revenue is $ 7 5 , 0 0

If the beginning balance of retained earnings is $

100, 000,

revenue is $

75, 000,

expenses total $

50, 000,

and the company declares and pays a $

10, 000

dividend, what is the ending balance of retained earnings?

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