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The Andrews company currently has the following balances in their equity accounts: Common Stock $40,560 Retained earnings $79,272 Suppose next year the Andrews company generates

The Andrews company currently has the following balances in their equity accounts: Common Stock $40,560 Retained earnings $79,272 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year? Select : 1 Save Answer $86,860 $135,832 $109,572 $119,832

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