Question: Using the data needed, determine ending retained earnings. Beginning Retained Earnings $140,000 Dividends Paid$30,000 Net Loss ($20,000) Total Assets $500,000 Current Liabilities $35,000

Using the data needed, determine ending retained earnings.

Beginning Retained Earnings $140,000

Dividends Paid$30,000

Net Loss ($20,000)

Total Assets $500,000

Current Liabilities $35,000

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