Below are several accounts from Norel Company's accounting records. 
The amount of retained earnings at the end of the year is:
Definitions:
Semiannually
Occurring or conducted twice a year; typically refers to payments, reports, or evaluations made every six months.
Quoted
Refers to the latest price at which a stock, commodity, or currency was traded, often seen on exchanges.
Market Price
The present cost at which a service or asset is available for purchase or sale in a specific market.
Face Value
The nominal or original value of a security or financial instrument as stated by the issuer, crucial for calculating interest payments for bonds.
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