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The equity section from the December 31,2023 balance sheet of Kentucky Corporation appeared as follows:...

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Accounting

The equity section from the December 31,2023 balance sheet of Kentucky Corporation appeared as follows:
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Contributed capital:
Common shares, 52,500 shares authorized; 25,680 and 23,600 shares issued and outstanding, respectively.
Retained earnings
\table[[2024,2023],[,],[$716,900,$658,440
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