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Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data Note: Amounts to be deducted

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Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data Note: Amounts to be deducted should be indicated by a minus sign. Cash dividends deelared and pald in current year Retained earnings at December 31 , prior year \$ 8,800 Netincomeincurrentyear61,60034,600 Answer is complete but not entirely correct

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