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Hunter Corporation Beginning of Year Retained Earnings Balance Was $28,300

Question 8

Multiple Choice

Hunter Corporation beginning of year retained earnings balance was $28,300.The corporation declared and paid dividends of $19,400 during the year and ended the year with a $36,500 balance.The net income or loss for the year was:


A) $(11,200)
B) $ 8,200
C) $ 17,100
D) $ 27,600

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