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QUESTION 18 For the year ended December 31, Year 2 Revenues $ 8,50 $ 8,500 $ 5,500 $ 4,000 Net Income December 31, Year 2
QUESTION 18 For the year ended December 31, Year 2 Revenues $ 8,50 $ 8,500 $ 5,500 $ 4,000 Net Income December 31, Year 2 s 15,500 $ 9,000 Stock s 300 $ 300 Assume Year 1 is the company's first year of business and there was a $100 dividend in Year 1 and Year 2. After determining the missing amounts (S in the above financial statements, calculate and type in the December 31, Year 1 Retained Earnings 1.5 DO NOT INCLUDE S IN YOUR ANSWER 5,500
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