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Capitol Company bought 22,500 shares of the voting common stock of Mann Corporation in January 2018. In December, Mann announced $207,000 net income for 2018
Capitol Company bought 22,500 shares of the voting common stock of Mann Corporation in January 2018. In December, Mann announced $207,000 net income for 2018 and declared and paid a cash dividend of $5 per share on all 201,000 shares of its outstanding common stock. Capitol Company's dividend revenue from Mann Corporation in December 2018 would be:
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