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Mints Entertainment, Inc., had Net income of $170,000 and paid dividens of $.25 per share on its 100,000 shares of ourstanding stocks this year. At
Mints Entertainment, Inc., had Net income of $170,000 and paid dividens of $.25 per share on its 100,000 shares of ourstanding stocks this year. At the end of the year its balance sheet showed retained earnings of $250,000. What was Mints' retained earnings balance at the end of last year?
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