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What was retained earnings reported in its balance sheet

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Reference no: EM133051580

Question - Highmark Co. reported the following in 2013 financial statements: total assets $105,000, total liabilities $75,000, contributed capital $20,000, net income $40,000, dividends $1,000. What was the retained earnings reported in its 2013 Balance Sheet?

Reference no: EM133051580

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