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What were the expenses for the year

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Question 1: Rus opened a new corporation last year with a stock contribution of 10,000. The first year of business was a moderate success with revenue of 65,000. Rus also decided to compensate the owners with a dividend of 2,000. Ending retained earnings for the year were 44,000. What were the expenses for the year?

Reference no: EM132542597

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