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What is the ending retained earnings that the company report

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Question - Azure Inc. had opening retained earnings of $225,000 on January 1. Below is selected end of year information:

Dividends 5,000

Total revenue 376,500

Issued common shares 88,000

Issued preferred shares 72,000

Total expenses 292,000

Repurchased common shares 52,000

Required - What is the ending retained earnings that the company would report on the statement of changes in equity?

Reference no: EM133166072

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