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Select what will be the most correct calculation of retained earnings for next year. Add next year's gross income to this year's retained earnings. Add

Select what will be the most correct calculation of retained earnings for next year.

Add next year's gross income to this year's retained earnings.

Add next year's net income to this year's retained earnings.

Add this year's retained earnings to next year's net income minus dividends paid.

None of the above

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