Question: Multiple Choice Question 119 Novak Corp. began the year with retained earnings of $391000. During the year, the company recorded revenues of $505000, expenses of

Multiple Choice Question 119 Novak Corp. began the year with retained earnings of $391000. During the year, the company recorded revenues of $505000, expenses of $378000, and paid dividends of $41500. What was Novak's retained earnings balance at the end of the year? $846500 $505000 $476500 $546500

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