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The beginning balance in retained earnings is $50,000. Ending balance is $75,000. Dividends during the year were $40,000. Net income for the year: $25,000 $40,000

The beginning balance in retained earnings is $50,000. Ending balance is $75,000. Dividends during the year were $40,000. Net income for the year:

$25,000

$40,000

$65,000

$75,000

Indeterminable from the data given

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