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The Retained Earnings account had a beginning credit balance of $ 2 6 , 0 0 0 . During the period, the business had a

The Retained Earnings account had a beginning credit balance of $

26, 000 .

During the period, the business had a net loss of $

12, 000,

and the company paid dividends of $

8, 000 .

The ending balance in the Retained Earnings account is:

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