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Slippery Company's Retained Earnings at the beginning of the year is $364,750. If net income for the year is $105,000 and dividends for the year

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Slippery Company's Retained Earnings at the beginning of the year is $364,750. If net income for the year is $105,000 and dividends for the year are $40,000, what is Slippery Company's Retained Earnings at the end of the year? $429,750$364,750$145,000$509,750

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