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In the current year, Robin Byrd received the following dividends: Smith Corporation, a 10% stock dividend paid in additional common stock on the common stock
In the current year, Robin Byrd received the following dividends:
Smith Corporation, a 10% stock dividend paid in additional common stock on the common stock held by Robin $ 400
UnSafe National Bank, on banks common stock 700
Swann Manufacturing Corporation, a Delaware corporation, on preferred stock 1,200
What amount of dividend income should Robin report in her current-year income tax return?
Group of answer choices
a.) $2,300
b.) $1,600
c.) $1,900
d.) $1,100
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