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Brief Exercise 11-10 For the year ending December 31, 2019, Metlock, Inc. reports net income...

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Brief Exercise 11-10 For the year ending December 31, 2019, Metlock, Inc. reports net income $138,000 and cash dividends $88,000. Determine the balance in retained earnings at December 31 assuming the balance in retained earnings on January 1, 2019, was $227,000. (List items that increase retained earnings first.) Metlock, Inc. Retained Earnings Statement

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