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Sunland Co. had retained earnings of $34200 on the balance sheet but disclosed in the footnotes that $3400 of retained earnings was restricted for

Sunland Co. had retained earnings of $34200 on the balance sheet but disclosed in the footnotes that $3400 of retained earnings was restricted for building expansion and $2400 was restricted for bond repayments. Cash of $4200 had been set aside for the plant expansion. How much of retained earnings is available for dividends? O $30800 O $34200 O $24200 O $28400

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