From the data, calculate the retained earnings balance as of December 31,2021 . Retained earnings, December 31,
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- From the data, calculate the retained earnings balance as of December 31,2021 .
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Retained earnings, December 31, 2022 Decrease in total liabilities during 2022 Gain on the sale of buildings during 2022 Dividends declared and paid in 2022 Proceeds from sale of common stock in 2022 Net income for the year ended December 31, 2022 336,480 73,280 25,760 7,200 79,040 36,160 Retained earnings, December 31, 2022 Decrease in total liabilities during 2022 Gain on the sale of buildings during 2022 Dividends declared and paid in 2022 Proceeds from sale of common stock in 2022 Net income for the year ended December 31, 2022 336,480 73,280 25,760 7,200 79,040 36,160
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