At January 31, 2016, Katy Peary, Inc.'s retained earnings were $50,220 million. During the year,...

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Accounting

At January 31, 2016, Katy Peary, Inc.'s retained earnings were $50,220 million. During the year, Katy reported net income of $28,666 million and paid a dividend of $2,690 million.

Determine Katy's retained earnings as of January 31, 2017.

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