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Mr. Husker's Tuxedos Corp. began the year 2015 with $258 million in retained earnings. The firm earned net income of $34 million in 2015 and
Mr. Husker's Tuxedos Corp. began the year 2015 with $258 million in retained earnings. The firm earned net income of $34 million in 2015 and paid dividends of $8 million to its preferred stockholders and $15 million to its common stockholders. What is the year-end 2015 balance in retained earnings for Mr. Husker's Tuxedos
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