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Pearl's Diamonds made an operating profit of $50,000 and a net income of $30,000. It paid a dividend of $10,000. Retained earnings increased by $20,000

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Pearl's Diamonds made an operating profit of $50,000 and a net income of $30,000. It paid a dividend of $10,000. Retained earnings increased by $20,000 increased by $10,000 increased by $50,000 decreased by $10,000 stayed the same

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