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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)

Net Income

Total Liabilities

Cash from Financing

Dividend Expenses

Retained Earnings

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