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The retained earnings column had a beginning total of $40,000 and an ending total of $50,000. If $10,000 of dividends were paid during the period,

The retained earnings column had a beginning total of $40,000 and an ending total of $50,000. If $10,000 of dividends were paid during the period, net income must have been Answer A. $20,000. B. $40,000. C. $10,000. D. $30,000

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