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Temple Square Inc. reported that its retained earnings for 2018 were $880,000. In its 2019 financal statements, it reported $80,000 of dividends distributed to shareholders,

Temple Square Inc. reported that its retained earnings for 2018 were $880,000. In its 2019 financal statements, it reported $80,000 of dividends distributed to shareholders, and it ended 2019 with $550,000 of retained earnings. How much was net income during 2019?

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