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Compute the ending balance in the retained earning

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What is the ending balance in the Retained Earning account given these facts about 2010.

Beginning Balance in Retained earnings at 1/1/2010 $10,000, Net income of $5,000, Dividends paid of $3,500.

A. $18,500

B. $12,500

C. $11,500

D. $15,000

Reference no: EM131797395

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