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Required: On the basis of the data given, prepare a statement of retained earnings for both 2020 (its first year of operations) and 2021. Complete

image text in transcribed Required: On the basis of the data given, prepare a statement of retained earnings for both 2020 (its first year of operations) and 2021. Complete this question by entering your answers in the tabs below. On the basis of the data given, prepare a statement of retained earnings for 2021

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