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Please show all steps! LMN Inc. had beginning retained earnings of $14721. During the year, the company reported sales of $69209, costs of $50895, depreciation

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LMN Inc. had beginning retained earnings of $14721. During the year, the company reported sales of $69209, costs of $50895, depreciation of $2565, dividends of $554, and interest paid of $491. The tax rate is 23 percent. What is the retained earnings balance at the end of the year? Round answer to nearest dollar amount - no decimals

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