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Question 5 A company's retained earnings increased $450,000 last year and its assets increased $773,000. The company declared a $85.000 cash dividend during the year.

Question 5 A company's retained earnings increased $450,000 last year and its assets increased $773,000. The company declared a $85.000 cash dividend during the year. Last year's net income is: $95.000 5454000 $365.000 $323.000

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