Question about ledger

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The following information has been taken from the ledger accounts of Isaac Stern Corporation

 

 

 


Total Income since incorporation$317,000

Total Cash Dividends pai d60,000

Total value of stock dividends distributed30,000

Gains on treasury stock transactions18,000

Unamortized discount of bonds payable32,000

 

 

Directions: Determine the current balance of retained earnings

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