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Pinnacle started 2020 with retained earnings of $82,000. During the year, the company borrowed $20,000 and purchased land for $30,000. Later in the year, the

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Pinnacle started 2020 with retained earnings of $82,000. During the year, the company borrowed $20,000 and purchased land for $30,000. Later in the year, the land was sold for $36,000, and the company repaid the loan plus the interest that had accrued of $1,000. Pinnacle paid $2,000 in dividends during the year. Given just this information, what would be Pinnacle's ending balance in retained earnings? O $85.000 O $65.000 O $66.000 O $73,000 O None of the above

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