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Question 16 1pts The balance sheet dated 1231?24 has retained earnings of $60,000....

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Accounting

Question 16
1pts
The balance sheet dated 1231?24 has retained earnings of $60,000. In 2023, the company pays dividends of $15,000 and has net income of $55,000, and issues stock of $50,000 at par value. What is retained earnings for 1231?25?
75,000
45,000
100,000
115,000
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