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Bass Industries' balance sheet reflected the following balances in Retained Earnings: 2019 = $$473,500; 2020 = $548,700. Bass Industries had net income for 2020 of
Bass Industries' balance sheet reflected the following balances in Retained Earnings: 2019 = $$473,500; 2020 = $548,700. Bass Industries had net income for 2020 of $198,200. During 2020, Bass Industries declared a dividend. Calculate the amount of the dividend declared. O A. $123,000 O B. $273,400 OC. $75,200 O D. None of the above
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