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Retained earnings : Columbia Construction Company earned 449,609 during the year ended June 30, 2017. After paying out 230,264 in dividends, the balance went into
Retained earnings: Columbia Construction Company earned 449,609 during the year ended June 30, 2017. After paying out 230,264 in dividends, the balance went into retained earnings. If the firms total retained earnings were 841,363 at the end of fiscal year 2017, what were the retained earnings on its balance sheet on July 1, 2016?
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