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Income Statement Revenues $85,900 Cost of goods sold (c) Salaries and wages expense 10,310 Net income / (loss) $ (d) Retained Earnings Statement Beginning retained

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Income Statement Revenues $85,900 Cost of goods sold (c) Salaries and wages expense 10,310 Net income / (loss) $ (d) Retained Earnings Statement Beginning retained earnings $17,300 Add: Net income / (loss) (e) Less: Dividends 4,160 Ending retained earnings $32,300 eTextbook and Media Save for Later

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