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QUESTION 10 Leary Corporation's end-of-year balance sheet consisted of the following amounts: Cash Property, plant, and equipment Capital stock Retained earnings $ 25,000 69,000 107,000

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QUESTION 10 Leary Corporation's end-of-year balance sheet consisted of the following amounts: Cash Property, plant, and equipment Capital stock Retained earnings $ 25,000 69,000 107,000 ? Accounts receivable Long-term debt Accounts payable Inventory $46,000 41,000 22,000 33,000 What is Leary's retained earnings balance at the end of the current year? a. $10,000 b. $66,000 c. $3,000 d. $110,000

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