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For 2012,the Hilary Corporation Had Beginning and Ending Retained Earnings

Question 111

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For 2012,the Hilary Corporation had beginning and ending Retained Earnings balances of $198,054 and $231,000,respectively.Also during 2012,the corporation declared and paid cash dividends of $29,000 and issued stock dividends valued at $16,000.Assuming that no other items affected Retained Earnings and that total expenses were $32,916,what was the amount of revenues for 2012?

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