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What was sheridan retained earnings at the end of the year

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Question - Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, expenses of $380000, and paid dividends of $141500. What was Sheridan retained earnings at the end of the year?

$1131500

$600000

$737500

$1017500

Reference no: EM132066522

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