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Question 22 of 60 > -75 View Policies Current Attempt in Progress Skysong, Inc. started the year with $49200 in its Common Stock account and

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Question 22 of 60 > -75 View Policies Current Attempt in Progress Skysong, Inc. started the year with $49200 in its Common Stock account and a credit balance in Retained Earnings of $36100. During the year, the company earned net income of $39400, and declared and paid $16400 of dividends. In addition, the company sold additional common stock amounting to $23000. As a result, the balance in retained earnings at the end of the year would be O $59100 O $131300 O $108300 $82100 Save for later Attempts:0 of 1 used Submit Answer O E 13 **

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