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Quartz Instruments had Retained Earnings of $150,000 at December 31, 2015. Net income for 2016 was $95,000, and dividends for 2016 were $35,000. What amount
| Quartz Instruments had Retained Earnings of $150,000 at December 31, 2015. Net income for 2016 was $95,000, and dividends for 2016 were $35,000. What amount of Retained Earnings should be reported at December 31, 2016? |
| $185,000 |
| $210,000 |
| $245,000 |
| $150,000 |
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