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The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained

The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $175,000 Cash dividends declared for the year 55,600 Net income for the year 104,000 What is the ending balance for retained earnings? Multiple Choice $300,000. $15,400. $279,000. $223,400 $119,400

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