Webster companies retained earnings account

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Webster Company has a beginning balance in Retained Earnings of $29,000. They earned a net income of $7,000 during the year and paid out $2,000 in dividends. What is the ending balance in Webster Companies Retained Earnings account at the end of the year? (Answer in whole $s without the $ sign or comma, i.e. 12345.)

Reference no: EM131827203

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