Question: Computing Elements of Equity From the information provided, determine: The amount of retained earnings at December 3 1 . The amount of revenues for the

Computing Elements of Equity
From the information provided, determine:
The amount of retained earnings at December 31.
The amount of revenues for the period.
Additional data:
Expenses for the period were $55,000.
Dividerids paid were $9,000.
Capital stock increased by $20,000 during the period.
Computing Elements of Equity From the information provided, determine: The amount

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