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Help Sa Exercise 11-11 Preparing a statement of retained earnings LO C3 1.7 The following information is available for Amos C

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Answer #1
Statement of Retained Earnings
Beginning retained earnings $855000
Prior period adjustment
Depreciation net of tax (40600)
$814400
Add: Net income 210000
Less: Cash dividend paid (24000)
Ending Retained earnings $1000400
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