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Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $185,600 during the current year. The comparative balance sheet indicates dividends payable
Determining Cash Payments to Stockholders
The board of directors declared cash dividends totaling $185,600 during the current year. The comparative balance sheet indicates dividends payable of $52,000 at the beginning of the year and $46,800 at the end of the year.
What was the amount of cash payments to stockholders during the year? $fill in the blank 1
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