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Jamaica Tours, Inc., started the year with a balance of retained earnings of $1,890 million....

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Accounting

Jamaica Tours, Inc., started the year with a balance of retained earnings of $1,890 million. The company reported net income for the year of $318 million, paid dividends of $29 million to the preferred stockholders and $69 million to common stockholders. Calculate Jamaica Tours end-of-year balance in retained earnings. (Enter your answer in millions of dollars.)

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