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Statement of Retained Earnings For Current Year Ended December 31 $ Retained earnings, December 31, prior year Add: Dividends Add: Net income Retained earnings, December

Statement of Retained Earnings For Current Year Ended December 31 $ Retained earnings, December 31, prior year Add: Dividends Add: Net income Retained earnings, December 31, current year $ 5,000 15,000 13,000 33,000 33,000

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