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If Beginning Retained Earnings was $184,300, the company distributed $46,000 in dividends and Ending Retained Earnings was $345,000, what was the net income for the period?

a) $154,700

b) $206,700

c) $114,700

d) $575,300

e) $160,700

Accounting Basics, Accounting

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  • Reference No.:- M947511

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