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Business, 26.02.2020 21:26 phillipselijah2

Moorman Corporation reports the following information: Correction of understatement of depreciation expense in prior years, net of tax $1,290,000; Dividends declared $960,000; Net income $3,000,000; Retained earnings, 1/1/20, as reported $6,000,000. How much retained earnings should Moorman report at 12/31/

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