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Question Content Area Dayton Corporation began the current year with a retained earnings balance of $ 1 2 , 5 3 4 . During the
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Dayton Corporation began the current year with a retained earnings balance of $ During the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $ on a piece of equipment. Also, during the current year, the company earned net income of $ and declared cash dividends of $ Compute the yearend retained earnings balance.
a $
b $
c $
d $
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