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Which of the following is CORRECT? Retained Earnings (2001) = Retained Earnings (2000) Net Income (2001) + Dividends (2001) Retained Earnings (2000) = Retained Earnings

  1. Which of the following is CORRECT?
  1. Retained Earnings (2001) = Retained Earnings (2000) Net Income (2001) + Dividends (2001)
  2. Retained Earnings (2000) = Retained Earnings (2001) + Net Income (2000) Dividends (2000)
  3. Retained Earnings (2001) = Retained Earnings (2000) + Net Income (2001) Dividends (2001)
  4. Retained Earnings (2000) = Retained Earnings (2001) + Net Income (2000) + Dividends (2000)

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