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Business, 18.03.2021 01:30 foreignlove1039

The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $ 127,000 Cash dividends declared for the year 47,000 Proceeds from the sale of equipment 82,000 Gain on the sale of equipment 7,200 Cash dividends payable at the beginning of the year 19,000 Cash dividends payable at the end of the year 21,200 Net income for the year 93,000 What is the ending balance for retained earnings

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