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30 Time Lef Next Page Question 9 (3 points) Assume that a firm's book value at the beginning of the year is $17,800 and

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30 Time Lef Next Page Question 9 (3 points) Assume that a firm's book value at the beginning of the year is $17,800 and that the firm reports net income of $6,200. If the firm's book value at the end of the year is $20,000 what was the amount of dividends paid during the year based on the clean- surplus accounting concept? $2,200 $8,400. $8,800. $4,000 ious Page Next Page ubmit Quiz 0 of 24 questions saved Page 9 of 24

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