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Cash dividends of $70,387 were declared during the year. Cash dividends payable were $9,980 at the beginning of the year and $15,945 at the end

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Cash dividends of $70,387 were declared during the year. Cash dividends payable were $9,980 at the beginning of the year and $15,945 at the end of the year. The amount of cash paid for dividends during the year is a. 570,387 b. $64,422 c. $80,307 d. 596,312

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