at december 31, 2012 Lowery company had retained earnings of #2,184,000. during 2012 they issued stock for $98,000 and paid dividends of $34,000. Net income for 2012 was $402,000. What was the retained earnings balance at the begining of 2012?

at december 31, 2012 Lowery company had retained earnings of #2,184,000. during 2012 they issued stock for $98,000 and paid dividends of $34,000. Net income for 2012 was $402,000. What was the retained earnings balance at the begining of 2012?

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