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A company recognizes a Total shareholders' equity balance of $13,700 and $13,600 on its balance sheets dated December 31, 2024 and 2025, respectively. During that
A company recognizes a Total shareholders' equity balance of $13,700 and $13,600 on its balance sheets dated December 31, 2024 and 2025, respectively. During that year, the company issues new shares of common stock for $260 bringing its Common stock balance to $3,450 at the end of the 2025 fiscal year. In addition, the company recognizes Sales revenue of $157,700, Operating expenses of $156,130, and a Gain (loss) on equipment sale of $(300) on its 2025 income statement. What dollar amount of cash dividends does the company pay to its shareholders during the 2025 fiscal year? Please provide a dollar amount in the corresponding answer box on the answer sheet
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