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Business, 09.10.2019 23:30 Mypage22

Marigold corporation has retained earnings of $691,700 at january 1, 2020. net income during 2020 was $1,632,000, and cash dividends declared and paid during 2020 totaled $76,900. prepare a retained earnings statement for the year ended december 31, 2020. assume an error was discovered: land costing $88,670 (net of tax) was charged to maintenance and repairs expense in 2019. (list items that increase retained earnings first.

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