At September 1, 2022, Novak Corp. reported Retained Earnings of $516060. During the month, Novak generated revenues of $73200, incurred expenses of $43920, purchased equipment for $18300 and paid dividends of $7320. What is the balance in Retained Earnings at September 30, 2022?

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.