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increased by $418.000, liabilities decreased by $59,000 and common stock increased by $293,000. There was no payment of dividends to owners during the year. Based

increased by $418.000, liabilities decreased by $59,000 and common stock increased by $293,000. There was no payment of dividends to owners during the year. Based on this information, what was the amount of Blue Fin's retained earnings at the beginning of the year?

A) $66,000

B) $141,000

C) $477,000

D)$577,000

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