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The following information has been taken from the ledger accounts of Ivanhoe Corporation. Total income since incorporation $286,000 Total cash dividends paid 58,000 Total

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The following information has been taken from the ledger accounts of Ivanhoe Corporation. Total income since incorporation $286,000 Total cash dividends paid 58,000 Total value of stock dividends distributed 31,000 Gains on treasury stock transactions 20,000 Unamortized discount on bonds payable 33,000 Determine the current balance of retained earnings. Current balance of retained earnings +A $

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