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The ending Retained Earnings balance of Boomer Inc. decreased by $1.9 million from the beginning of the year The company declared a dividend of $5.8

The ending Retained Earnings balance of Boomer Inc. decreased by $1.9 million from the beginning of the year The company declared a dividend of $5.8 million during the year. What was the net income for the year? Multiple Choice $1.9 million $1.6 million $1.9 million $1.6 million $7.7 million $3.9 million

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