Calculate the net income for the Green Thumb, Inc. Then, assuming the company had retained earnings of
$162,000 as of January 1, 2010, and paid out $46,000 in dividends during the year, prepare its statement of
retained earnings.

Question

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The Answer of Calculate the net income for the Green Thumb, Inc. Then, assuming the company had retained earnings of
$162,000 as of January 1, 2010, and paid out $46,000 in dividends during the year, prepare its statement of
retained earnings.

Calculate the Net Income for the Green Thumb, Inc