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Determining cash payments to stockholders The board of directors declared cash dividends totaling $148,000 during the current year. The comparative balance sheet indicates dividends
Determining cash payments to stockholders The board of directors declared cash dividends totaling $148,000 during the current year. The comparative balance sheet indicates dividends payable of $37,000 at the beginning of the year and $33,300 at the end of the year. What was the amount of cash payments to stockholders during the year?
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