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Determining cash payments to stockholders The board of directors declared cash dividends totaling $ 1 1 1 , 5 0 0 during the current year.

Determining cash payments to stockholders
The board of directors declared cash dividends totaling $111,500 during the current year. The comparative balance sheet indicates dividends payable of $25,600 at the beginning of the year and $23,000 at the end of the year.
What was the amount of cash payments to stockholders during the year?
$
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