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At January 1, 2015, Alligator Industries reported retained earnings of $150,000. During 2015, Alligator had...

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Accounting

At January 1, 2015, Alligator Industries reported retained earnings of $150,000. During 2015, Alligator had a net loss of $30,000 and paid dividends of $15,000. At December 31, 2015, the amount of retained earnings is..

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