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Question 4 2 pts Stetson Company began the year with retained earnings of $380,000. During the year, the company recorded revenues of $500,000, expenses of

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Question 4 2 pts Stetson Company began the year with retained earnings of $380,000. During the year, the company recorded revenues of $500,000, expenses of $380,000, and paid dividends of $40,000. What was Stetson's retained earnings balance at the end of the year? $460,000 $500,000 $540,000 $840,000

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