Question: data below. Retained earnings, December 31, 2020 Net decrease in total assets during 2020 Net increase in accounts receivable in 2020 Dividends declared and paid

data below. Retained earnings, December 31, 2020 Net decrease in total assets during 2020 Net increase in accounts receivable in 2020 Dividends declared and paid in 2020 Proceeds from issuance of bonds during 2020 Net loss for the year ended December 31, 2020 $416,840 63,580 14,620 57,120 150,280 39,100 Required: From the above data, calculate the Retained Earnings balance as of December 31, 2019: Retained earnings

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