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Windsor Corporation has retained earnings of $706,000 at January 1, 2025. Net income during 2025 was $1,643,000, and cash dividends declared and paid during

Windsor Corporation has retained earnings of $706,000 at January 1, 2025. Net income during 2025 was $1,643,000, and cash dividends declared and paid during 2025 totaled $82,100. Prepare a retained earnings statement for the year ended December 31. 2025. (List items that increase retained earnings first.) WINDSOR CORPORATION Retained Earnings Statement $

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