Kamili Company had the following accounting balances for Year 1: Account Amount Net Income $25,000 Retained Earnings (beginning of year) 40,000 Dividends 10,000 Unrealized Gain on Available-for-Sale Securities 18,000 Foreign Currency Translation Adjustment (increase) 4,000 Prior-period adjustment correction of previously OVERstated employee training expense 20,000 The beginning retained earnings amount does NOT reflect any necessary adjustments. The correct ENDING retained earnings balance is what?

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