What is the retained earnings balance at the end of the year

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Cindy's Crafts had beginning retained earnings of $51,200. During the year, the company reported sales of $112,400, costs of $75,800, depreciation of $9,100, dividends of $1,500, and interest paid of $2,300. The tax rate is 34 percent. What is the retained earnings balance at the end of the year?

Reference no: EM13721890

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