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OpenStudy (dragonborn):
Rick’s Internet Corporation’s balance in Retained Earnings is $30,000. The board of directors directs that $15,000 be appropriated for future business expansion. This will cause total retained earnings to A. remain at $30,000. B. increase by $15,000. C. decrease by $15,000. D. increase or decrease $5,000, as determined by the board.
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