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A company's board of directors votes to declare a cash dividend of $.89 per share. The company has 16,000 shares authorized, 14,000 issued, and 13,800

A company's board of directors votes to declare a cash dividend of $.89 per share. The company has 16,000 shares authorized, 14,000 issued, and 13,800 shares outstanding. The total amount of the cash dividend is:

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