During the Year, Bascom Bakery Inc

question 22

Multiple Choice

During the year, Bascom Bakery Inc.paid out $21,750 of common dividends.It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $132,250.How much net income did the firm earn during the year?

• A)$77,000
• B)$80,850
• C)$84,893
• D)$89,137
• E)$93,594

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Detention centers established by a government to confine people considered a threat to national security or wartime efforts, often without trial.

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The enforced separation of different racial groups in a country, community, or institution, often leading to discrimination and inequality.

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The land warfare service branch of the United States Armed Forces, responsible for land-based military operations.