A company has a beginning retained earnings of $100,000. During the year, the company reported...

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Accounting

A company has a beginning retained earnings of $100,000. During the year, the company reported net income of $30,000 and paid dividends of $10,000. What is the ending retained earnings?
A) $130,000
B) $120,000
C) $140,000
D) $110,000.
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