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Simple company had the following events. a. The company made a $30 credit sale. The cost of goods sold was 10. b. The company earned

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Simple company had the following events. a. The company made a $30 credit sale. The cost of goods sold was 10. b. The company earned $15 off previously deferred revenue. C. The company incurred and immediately paid $5 in wage expense. d. The company incurred and immediately paid $5 in interest expense. e. The company paid a $4 dividend. 1. The tax rate is 40% If the beginning Balance in Retained Earnings was $10, after the above events, what is the ending balance in Retained Earnings? Retained Earnings

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