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The Retained earnings account has a credit balance of $23,800 before closing entries are made. If total revenues for the period are $75,200, total expenses

The Retained earnings account has a credit balance of $23,800 before closing entries are made. If total revenues for the period are $75,200, total expenses are $55,000, and dividends are $12,600, what is the ending balance in the Retained earnings account after all closing entries are made?

A. $44000

B. $23800

C. $31400

D. $11200

E. 20200

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