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RALPH INC. had retained earnings at the beginning of the year of $290000. During the year Laurier Inc. earned net income of $50000 and declared

RALPH INC. had retained earnings at the beginning of the year of $290000. During the year Laurier Inc. earned net income of $50000 and declared and paid dividends of $46000. What was Laurier Inc.'s retained earnings at the end of the year?

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