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Platypus Corporation started the year with $ 1 0 0 , 0 0 0 in their retained earnings account. During the year, the company earned

Platypus Corporation started the year with $100,000 in their retained earnings account. During the year, the company earned $65,000 of net income and declared dividends of $20,000. Calculate the company's ending retained earnings balance.
\table[[Beginning Retained Earnings],[Ending Retained Earnings]]
What makes retained earnings go up?
What makes retained earnings go down?
Using the information from (1) above and the information provided below, answer the following questions.
\table[[Common Stock, $5 par,$,550,000],[Preferred Stock, $100 par,$,100,000],[Treasury Stock, common (5,000 shares),$,50,000],[Paid-in Capital in Excess of Par Value, Common Stock,$,480,000],[Paid-in Capital in Excess of Par Value, Preferred Stock,$,590,000],[Paid-in Capital, Treasury Stock,$,20,000]]
a) How many shares of common stock are issued?
b) How many shares of common stock are outstanding?
c) What is the company's total paid-in capital?
d) What is the company's total stockholders' equity?
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