From the information provided, determine: 1. The amount of retained earnings at December 31. 2. The amount

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From the information provided, determine:
1. The amount of retained earnings at December 31.
2. The amount of revenues for the period.
From the information provided, determine:
1. The amount of retained earnings

Additional data:
Expenses for the period were $75,000.
Dividends paid were $11,500.
Capital stock increased by $10,000 during the period

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Financial Accounting

ISBN: 978-0324645576

10th edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice

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