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Use the accounting equation to solve for the missing information for Retained Earnings at 12/31/16:...

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Accounting

Use the accounting equation to solve for the missing information for Retained Earnings at 12/31/16:

Total Assets, 12/31/16 = $800 Total Liabilities, 12/31/16 = $200 Paid-in Capital, 12/31/16 = $100 Retained Earnings, 12/31/16 = $ ??? Retained Earnings, 01/01/16 = $??? Net Income for 2016 = $200 Dividends declared & paid in 2016 = $100

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