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Huff Company began the year with a retained earnings balance of $30,000, reported net income for the year of $45,000, and reported ending retained earnings
Huff Company began the year with a retained earnings balance of $30,000, reported net income for the year of $45,000, and reported ending retained earnings of $60,000. How much dividends did Huff Company report for the year?
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$30,000
$135,000
$35,000
$15,000
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