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Using the data needed, determine ending retained earnings. Beginning Retained Earnings $150,000 Dividends Paid $40,000 Net Loss ($10,000) Total Assets $400,000 Current Liabilities $45,000

Using the data needed, determine ending retained earnings.

Beginning Retained Earnings $150,000

Dividends Paid $40,000

Net Loss ($10,000)

Total Assets $400,000

Current Liabilities $45,000

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