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Wireless Corporation began 2018 with retained earnings of $220 million. Revenues during the year were $540 million, and expenses totaled $330 million Wireless declared dividends
Wireless Corporation began 2018 with retained earnings of $220 million. Revenues during the year were $540 million, and expenses totaled $330 million Wireless declared dividends of $57 million. What was the company's ending balance of retained earnings? To answer this question, prepare Wireless's statement of retained earnings for the year ended December 31, 2018, complete with its proper heading Prepare the statement of retained earnings (Enter all amounts in millions. Enter a netloss with a minus sign or parentheses Include a subtotal after the "Add" line of the statement) Choose from any list or enter any number in the input fields and then click Check Answer Check
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