Statement of retained earnings

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Reference no: EM131813129

Statement of Retained Earnings. Mr. Husker’s Tuxedos Corp. began the year 2018 with $268 million in retained earnings. The firm earned net income of $39 million in 2018 and paid dividends of $6 million to its preferred stockholders and $20 million to its common stockholders

What is the year-end 2018 balance in retained earnings for Mr. Husker’s Tuxedos? (Enter your answer in millions of dollars.)

Reference no: EM131813129

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