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[The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts,

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[The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts, Account Balance Cash $32,300 Accounts receivable 17,600 Accounts payable 13,500 Common stock 23,100 Retained earnings 13,300 The following events apply to Oak Consulting for Year 2. 1. Provided $74,600 of services on account. 2. Incurred $2,600 of operating expenses on account 3. Collected $51. doo of accounts receivable, 4. Paid $37,100 cash for salaries expense. 5. Paid $14.490 cash as a partial payment on accounts payable 6. Paid a $10.000 cash dividend to the stockholders. e. What is the amount of change in retained earnings for the year? Change in retained earnings

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