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What is the year-end balance in retained earnings

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Night Scapes, Corp. began the year 2018 with $10 million in retained earnings. The firm suffered a net loss of $2 million in 2018 and yet paid $2 million to its preferred stockholders and $1 million to its common stockholders. Get the instant assignment help. What is the year-end 2018 balance in retained earnings for Night Scapes?

Reference no: EM133906274

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