On December 31, 2018, Apex Co. had retained earnings of $800,000. Throughout the year, the company reported

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On December 31, 2018, Apex Co. had retained earnings of $800,000. Throughout the year, the company reported a net income of $200,000 and declared dividends of $50,000. There were no other transactions affecting retained earnings. What was the retained earnings balance on December 31, 2017

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On December 31, 2018, Apex Co. had retained earnings of $800,000. Throughout the year, the company reported

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