7) Blue Bird, Inc. reports the following items: Unappropriated retained earmings, beginning of year: Net...
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7) Blue Bird, Inc. reports the following items: Unappropriated retained earmings, beginning of year: Net income: Federal income tax refiund for last year taken directly to retained earmings: 50,000 Cash dividends paid this year $800,000 700,000 500.000 The unappropriated retained earnings at year-end are
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