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The Baldwin Company currently has the following balances in their equity accounts: Common stock: $22,860 Retained earnings: $27,391 Suppose next year the Baldwin Company generates

The Baldwin Company currently has the following balances in their equity accounts: Common stock: $22,860 Retained earnings: $27,391 Suppose next year the Baldwin Company generates $46,300 in Net Profit and pays $16,000 in dividends. What will Baldwins ending balance in retained earnings be next year

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