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Given the information below about ABC Corporation, what was the amount of dividends the company paid in the current period? Beginning retained earnings $ 50,000

Given the information below about ABC Corporation, what was the amount of dividends the company paid in the current period?

Beginning retained earnings $ 50,000
Ending retained earnings $ 117,000
Decrease in cash $ 10,900
Net income $ 80,000
Change in stockholders equity $ 19,000

Multiple Choice

  • $117,000

  • $13,000

  • $2,100

  • $0

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