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

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Required: On the basis of the data given, prepare a statement of retained eamings 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 eamings for 2021

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