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QUESTION 20 Ullrich Printing Inc. paid out $21,750 of common dividends during the year. It ended the year with $187,000 of retained earnings versus the

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QUESTION 20 Ullrich Printing Inc. paid out $21,750 of common dividends during the year. It ended the year with $187,000 of retained earnings versus the prior year's retained earnings of $132,900. How much net income did the firm earn during the year? a. $75,850 b. $89,137 C. $77,000 d. $76,500 e. $84,893

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