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Presented in the bar charts are three columns for each of the first three years...

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Accounting

Presented in the bar charts are three columns for each of the first three years of a companys operations. The three columns represent amounts reported at the end of each year net income (left), dividends (middle), and retained earnings (right). Examine the graphs and respond to the following questions.

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Required:

  1. what is the amount of retained earnings at the end of year 1

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