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Frontier leaders inc reported the following results

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Frontier Leaders Inc. reported the following results for the year ending July 31, 2010:

Retained earnings, August 1, 2009 $875,000
Net income 260,000
Cash dividends declared 20,000
Stock dividends declared 100,000

Prepare a retained earnings statement for the fiscal year ended July 31, 2010.

Reference no: EM131128264

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