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Question 4 2 pts Stetson Company began the year with retained earnings of $380,000. During the year, the company recorded rev
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Answer #1

Option - 'A'; $4,60,000

Retained Earning at the end = Beginning Retained Earnings + Revenues - Expenses - Dividends

= $3,80,000 + $5,00,000 - $3,80,000 - $40,000

= $4,60,000

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