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Business, 05.09.2020 22:01 sarahgarza5440

The beginning and ending balances of retained earnings for the year were $30,000 and $35,000 respectively. If dividend payments during the year were $13,000. Determine the net income or net loss for the year. a. $8,000 net loss
b. $14,000 net income
c. $5,000 net income
d. $11,000 net income

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