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Pharoah Company began the year with retained earnings of $403000. During the year, the company recorded revenues of $503000, expenses of $382000, and paid dividends

Pharoah Company began the year with retained earnings of $403000. During the year, the company recorded revenues of $503000, expenses of $382000, and paid dividends of $42500. What was Pharoah retained earnings at the end of the year? a. $845500 b. $545500 c.$503000 d.$481500

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