The andrews company currently has the following balances in, Financial Management

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The andrews company currently has the following balances in

The Andrews company currently has the following balances in their equity accounts: Common Stock $83,080 Retained earnings $83,305 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year? Select: 1 $166,385 $129,380 $182,385 $113,605

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