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In its recent income statementSmith Software Inc. reported paying $ 1 2 million in dividends to common shareholders, and in its year - end balance
In its recent income statementSmith Software Inc. reported paying $ million in dividends to common shareholders, and in its yearend balance sheet, Smith reported $ million of retained earnings. The previous year, its balance sheet showed $ million of retained earnings. What was the firm's net income during the most recent year? Answers are in $ millions.
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