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Trex corporation has retained earnings of $450,000 at the beginning of the year during the year the company earned net income of $170,000 and declared

Trex corporation has retained earnings of $450,000 at the beginning of the year during the year the company earned net income of $170,000 and declared dividends of $20,000 retained earnings at the end of the year would be

430,000

600,000

620,000

640,000

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