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Business, 10.10.2019 18:20 sierram298

At the beginning of the year, sigma company's balance sheet reported total assets of $195,000; total liabilities of $15,000; and total paid-in capital of $60,000. during the year, the company reported total revenues of $226,000 and expenses of $175,000. also, dividends during the year totaled $48,000. assuming no other changes to retained earnings, the balance in the retained earnings account at the end of the year would be:

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