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A company declared $500,000 of dividends that will be paid two months from now. Which of the following items would be increased by this dividend

A company declared $500,000 of dividends that will be paid two months from now. Which of the following items would be increased by this dividend declaration transaction? (check all that apply) 1)Total Liabilities 2)Cash from Financing 3)Net Income 4)Retained Earnings 5)Dividend Expenses

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