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The Skyler Corporation had beginning-of-the-year unappropriated retained earnings of $45,000. This year, its net income...

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Accounting

The Skyler Corporation had beginning-of-the-year unappropriated retained earnings of $45,000. This year, its net income according to its books was $21,000. It distributed $15,000 in shareholder dividends, and its Board of Directors set aside $10,000 for an investment. What is the Skyler Corporation's end-of-year unappropriated retained earnings?
$10,000
$41,000
$51,000
$66,000
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