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Determining Cash Payments to Stockholders What was the amount of cash payments to stockholders during the year Determining Cash Payments to Stockholders The board of

image text in transcribed Determining Cash Payments to Stockholders What was the amount of cash payments to stockholders during the year

Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $121,900 during the current year. The comparative balance sheet indicates dividends payable of $34, 100 at the beginning of the year and $30,700 at the end of the year. What was the amount of cash payments to stockholders during the year?

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