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A corporation has issued 5 7 , 0 0 0 shares of $ 1 0 0 par common stock and holds 3 , 0 0

A corporation has issued 57,000 shares of $100 par common stock and holds 3,000 shares as treasury stock. If the corporation declares a $3? share cash dividend, what amount is recorded as cash dividend payable?
$171,000
$9,000
$162,000
$44,000
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