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A firm's year-end retained earnings balances are $650,000 and $575,000 for 2014 and 2015 respectively. The firm reported net profits after taxes of $100,000 in

A firm's year-end retained earnings balances are $650,000 and $575,000 for 2014 and 2015 respectively. The firm reported net profits after taxes of $100,000 in $2015. The firm paid dividends of ___ in 2015.

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