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Prepare a statement of retained earnings for tidal company

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Reference no: EM133138269

Question - Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data.

Cash dividends declared and paid in current year $11,000

Retained earnings at December 31, prior year 66,000

Net income in current year 39,000

Reference no: EM133138269

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