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Batiste Corporation had taxable income of $ 1 , 6 3 0 and a tax rate of 2 3 percent for the year. The firm

Batiste Corporation had taxable income of $1,630 and a tax rate of 23 percent for the year. The firm neither issued nor repurchased shares of stock but did decrease its retained earnings by $310. What is the cash flow to stockholders?
Multiple Choice
$959.50
$1,565.10
$535.50
$1,749.50
$1,242.50

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