The income statement for the month of June, 2018 of Camera Obscura Enterprises contains the following information: 
At June 1, 2018, Camera Obscura reported retained earnings of $35,000. The company had no dividends during June. At June 30, 2018, the company will report retained earnings of
A) $29,300.
B) $35,000.
C) $36,300.
D) $42,000.
Correct Answer:
Verified
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