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Galen has come to his financial planner with questions about dividends he received on some of his stock this year. He has received $1,000 in

Galen has come to his financial planner with questions about dividends he received on some of his stock this year. He has received $1,000 in qualified dividends paid in cash. He also has received stock dividends of $4,000, but without a cash dividend option. How much will Galen have to report as dividend income for the current year?

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