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A corporation begins the year with a Retained Earnings balance of $200,000 and ends the year with a Retained Earnings balance of $300,000. During

A corporation begins the year with a Retained Earnings balance of $200,000 and ends the year with a Retained Earnings balance of $300,000. During the year the company earned Net Income of $175,000. What is the value of the company's Dividends Declared for the year?

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