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Compute the revenue for the year

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Problem 1: Assume that retained earnings increased by $65,063 from June 30 of year 1, to June 30 of year 2. A cash dividend of $2,082 was declared and paid during the year. The firm sold Capital Stock for $10,000 in cash during the year. Assume expenses for the year were $53,712. Compute the revenue for the year.

Reference no: EM132694873

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