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Determining Cash Paid to Stockholders The board of directors declared cash dividends totaling $198,900 during the current year. The comparative balance sheet indicates dividends payable

Determining Cash Paid to Stockholders

The board of directors declared cash dividends totaling $198,900 during the current year. The comparative balance sheet indicates dividends payable of $53,700 at the beginning of the year and $48,300 at the end of the year.

What was the amount of cash paid to stockholders during the year? $_____

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