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Requlred Information (The following information applies to the questions displayed below.] The following information was repo2. Prepare a statement of retained earnings for the year ended December 31, 2017. TIP: Assume the balance in Retained Earning

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| Answer: $ 5,415 $ 1,985 $ 40) $ 7,360 National Airways INC statement Retained Earnings for the year Ended December 31, 2017

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