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After paying out 225794 in dividends the balance went into

Columbia Construction Company earned $451,888 during the year ended June 30, 2011. After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,972, what was the retained earnings on its balance sheet on July 1, 2010?

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Accounting Basics: After paying out 225794 in dividends the balance went into

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