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Business, 13.02.2020 19:54 emmadownum

Retained earnings, December 31, 2019 $ 378,540 Decrease in total liabilities during 2019 82,440 Gain on the sale of buildings during 2019 28,980 Dividends declared and paid in 2019 8,100 Proceeds from sale of common stock in 2019 88,920 Net income for the year ended December 31, 2019 40,680 From the above data, calculate the retained earnings balance as of December 31, 2015.

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Retained earnings, December 31, 2019 $ 378,540 Decrease in total liabilities during 2019 82,440 Gain...
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