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on january 1 2 0 2 2 concord corporation had retained earnings of $ 5 1 7 0 0 0 during the year concord had

on january 12022 concord corporation had retained earnings of $517000 during the year concord had the following selected transactions. 1. declared cash dividends $1240002.earned net income $3550003. declared stock dividends $63000 determine the retained earnings balance at the end of the year

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