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Calco Company bought 28,500 shares of the voting common stock of Alan Corporation in January 2021. In December, Alan announced $205,700 net income for 2021
Calco Company bought 28,500 shares of the voting common stock of Alan Corporation in January 2021. In December, Alan announced $205,700 net income for 2021 and declared and paid a cash dividend of $5.00 per share on all 210,000 shares of its outstanding common stock. Calco Company's dividend revenue from Alan Corporation in December 2021 would be
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