From the following data, calculate the retained earnings balance as of December 31, 2022: Retained earnings, December
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From the following data, calculate the retained earnings balance as of December 31, 2022:
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Retained earnings, December 31, 2021. ... Cost of buildings purchased during 2022. . . . Net loss for the year ended December 31, 2022.. Dividends declared and paid in 2022. Increase in cash balance from January 1, 2022 to $453,400 104,500 13,700 28,300 16,100
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