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Cole Company has 2 9 2 , 0 0 0 shares of common stock authorized, 2 4 7 , 0 0 0 shares issued, and

Cole Company has 292,000 shares of common stock authorized, 247,000 shares issued, and 71,000 shares of treasury stock. The company's board of directors has declared a dividend of 69 cents per share.
What is the total amount of the dividend that will be paid?
Amount of dividend
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