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The following information relates to Jackson Company: During 2027, the assets of Jackson Company decreased by $18,000, the liabilities decreased by $53,000, and the common'

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The following information relates to Jackson Company: During 2027, the assets of Jackson Company decreased by $18,000, the liabilities decreased by $53,000, and the common' stock increased by $19,000. Calculate Jackson Company's retained earnings at December 31, 2027

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