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Zeta Company had the following data: Beginning Retained Earnings $323,325 Net Income $713,445 Purchase of Fixed Assets $125,000 Dividend Payout Ratio 45% of net income

Zeta Company had the following data:
Beginning Retained Earnings	$323,325
Net Income	$713,445
Purchase of Fixed Assets	$125,000
Dividend Payout Ratio	45%	of net income

The Ending Balance of Retained Earnings is

911,770

590,720

715,720

789,770

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