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Business, 28.09.2020 14:01 gracynamos

At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $210,000; Total Liabilities = $26,320: Total Paid-in capital of $61,430; and Retained earnings = $122,250. During the year, the company reported revenues of $53,650
and expenses of $35,100. In addition, dividends for the year totaled $23,400. Assuming no other changes to Retained earnings, the balance
in the Retained earnings account at the end of the year would be:

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