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The Retained Earnings Account of Company XYZ Has a Balance

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The retained earnings account of Company XYZ has a balance of $350,000 at the end of 2014.At the end of 2015 the following information is available. The retained earnings account of Company XYZ has a balance of $350,000 at the end of 2014.At the end of 2015 the following information is available. What is the amount of retained earnings at the end of 2015? What is the amount of retained earnings at the end of 2015?

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